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Electrek - Kia reveals EV5 prices in Australia, undercutting top-selling rivals
Kia is undercutting rivals in Australia, including Tesla’s best-selling Model Y with its new EV5. Can Kia’s electric SUV keep up with the competition?
The EV5 was first introduced at the Chengdu Motor Show last August as a “family-friendly” mid-size electric SUV.
Kia launched the EV5 in China last November with starting prices of around $20,000 (149,800 yuan). The low price tag undercuts Tesla’s Model Y in China, which starts at $34,500 (249,900 yuan).