Robert Besser
17 May 2022, 10:38 GMT+10
LOS ANGELES, California: Kia has become the second largest manufacturer of electric vehicles sold in the United States, second only to Tesla.
The race for second place was largely being waged by Kia, Ford, and a small group of automakers seeking to become leaders in the U.S. electric vehicle market.
Kia's success is based upon Q1 2022 sales, and could change, depending on the remainder of the year's sales.
In fact, Kia's hold on the position will remain tenuous, since it is only some 1,000 units ahead of Ford in EV sales for the quarter.
As a comparison, Tesla is selling more than 13 times the number of EVs than second place Kia. In latest reports, Tesla dominates nearly 72 percent of the U.S. market and has become the number one selling luxury vehicle of all engine types in the U.S., not just electric.
Also this week, it was reported that the top five EV brands by U.S. sales are Tesla, Kia, Ford, Hyundai and Nissan.
Kia and Hyundai, which are largely a joint venture, make up almost 10 percent of all EV sales in the U.S. Ford remains just under 5 percent, Nissan is less than 3 percent.
Get a daily dose of North Korea Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to North Korea Times.
More InformationPHILADELPHIA, Pennsylvania: Philadelphia Mayor Jim Kenney and members of the city's historical commission have been sued by a group which ...
LANSING, Michigan: Michigan's Department of Natural Resources said by a wildfire in the state has burned through more than 3 ...
ISTANBUL, Turkey: In an interview with Reuters, Willie Walsh, director-general of the International Air Transport Association, (IATA), said airlines are ...
SACRAMENTO, California: Sixteen migrants from Venezuela and Colombia, who had entered the United States through Texas, were transported to California ...
GRAND ISLE STATE PARK, Louisiana: Almost two years after Hurricane Ida struck the barrier island and destroyed most of its ...
YANGON, Myanmar - A regime court sentenced to death five people detained for their alleged involvement in a deadly August ...
LISBON, Portugal: Carsten Spohr, Chief Executive of Lufthansa, has said that as Portugal's government is still debating whether to sell ...
NEW YORK, New York - U.S. stocks were divided on Wednesday, with the technology and industrial sectors parting ways.Tech stocks ...
HOLLYWOOD, California: More than tripling the debut of its 2018 animated original predecessor, Sony Pictures' "Spider-Man: Across the Spider-Verse" opened ...
PARIS, France: European plane manufacturer Airbus is reported to be close to a record agreement to sell 500 narrow-body jets ...
TRAVERSE CITY, Michigan: DuPont, Chemours and Corteva have reached an agreement to pay $1.18 billion to resolve complaints of causing ...
NEW YORK, New York - U.S. stocks were directionless Tuesday as investors had little to digest ahead of next week's ...