Kia takes on Tesla: 2024 Kia EV5 confirmed for mid-year launch – and the electric SUV could be cheaper than the Tesla Model Y!

AutoExec Summary
Kia’s most affordable EV, the EV5, is set to launch in Australia in the middle of the year. Positioned below the EV6 and EV9, the EV5 will come in three trim levels – Air, Earth, and GT-Line. Kia aims to compete with the Tesla Model Y in terms of pricing, although it will not be as cheap as in China where it launched for just under 150,000 CNY. The EV5, a mid-size electric SUV, will be sourced from China and offer a front-wheel drive option. With a 64kWh or 88kWh battery, it is expected to have a range of up to 700km.

Brands mentioned: Kia, Tesla, BYD, MG