Kia reports second most electric car sales in US, Ford close behind

Sat, 02 Jul 2022

Kia reports second most electric car sales in US, Ford close behind

Robert Besser
17 May 2022, 10:38 GMT+10

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 hold on the position will remain tenuous, since it is only some 1,000 units ahead of Ford in EV sales for the quarter.

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.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to India Gazette.

More Information

26 ℃

Mostly Cloudy in New Delhi/Sadfarjung

Business

Section

Stock markets in U.S. revive after sharp sell-off, dollar forges ahead

NEW YORK, New York - U.S. stocks rebounded on Friday, a day after major across-the-board sell-offs."Consensus estimates for 2022 and ...

Swiss pharma Novartis to cut 7.4% of global workforce

GENEVA, Switzerland: Swiss pharmaceutical group Novartis has said, as part of its previously announced restructuring program, that it could cut ...

Shanghai Disney opens gates after city ends Covid lockdowns

SHANGHAI, China: Walt Disney Company reopened Shanghai Disneyland on 30th June, one month after the city lifted a two month ...

Asian stocks shunned by investors, Nikkei 225 loses 457 points

SYDNEY, NSW, Australia - Stocks in Asia skidded lower Friday with all the major indices recording solid losses."Capitulation is the ...

Islamabad considers importing oil from Russia

ISLAMABAD, Pakistan - Given the country's ongoing economic crisis and acute fuel shortage, the Pakistan government is considering purchasing oil ...

High pressure fracking again being used by US oil companies

WASHINGTON, D.C.: Amidst the rise of "re-fracs" in the U.S. as part of the efforts to boost domestic oil production, ...

Delhi

Section

Indian hospital treats chemotherapy patients on road after floods

ASSAM, India: During this week's heavy rains, which caused the region's worst floods in years, staff at the Cachar Cancer ...

Pakistan's entry in BRICS dialogue 'blocked by one member': FO

ISLAMABAD, Pakistan - The Foreign Office (FO) revealed on Monday that a member of the five-nation BRICS summit "obstructed Pakistan's ...

NCRTC, DB India sign pact for operation of Delhi-Ghaziabad-Meerut RRTS corridor

New Delhi [India], July 2 (ANI): In a first-of-its-kind move, National Capital Region Transport Corporation (NCRTC) on Friday signed an ...

Delhi schools get new assessment criteria for students; Deshbhakti, Mindset curricula introduced

New Delhi [India], July 2 (ANI): The Delhi government on Friday introduced new assessment guidelines for government, government-aided and recognised ...

Pourakarmikas launch indefinite strike in Karnataka

Bengaluru (Karnataka) [India], July 2 (ANI): The pourakarmikas across Karnataka launched an indefinite strike starting on Friday for the regularisation ...

Rishabh Pant's love affair against Anderson and England continues

By Vivek Prabhakar SinghBirmingham [UK], July 2 (ANI): Swashbuckling batter Rishabh Pant scored a brilliant ton to put India in ...

Movie Review

A Fish Called Wanda

Fish Called Wanda