Kia launched its new EV5 electric SUV in China Friday. With a starting price of around $20K (149,800 yuan), the EV5 is expected to take on market leaders, including Tesla’s Model Y.
Can Kia compete in the world’s largest EV market? The South Korean automaker hopes to achieve that with its new compact electric SUV.
Kia officially unveiled the EV5 in August as a family-friendly electric SUV. After opening pre-orders in China on August 25, Kia revealed prices would be much lower than expected.
Although local reports expected starting prices of around $40,000 (300,000 yuan), Kia is launching the EV5 at half that.
The EV5 officially launched Wednesday with a starting price of $20,700 (149,800 yuan). That significantly undercuts the Tesla’s Model Y, starting at 266,400 yuan ($37,000).
At 4,615 mm long, 1,875 mm wide, and 1,715 mm tall, the EV5 will compete directly with the Model Y (L – 4,760 mm, W – 1,921 mm, H – 1,624 mm).
Kia’s electric SUV will compete with low-cost EVs from leaders like BYD. BYD is dominating the market with affordable EVs like the Dolphin electric hatchback and Yuan Plus.
The Dolphin starts at around $17,000 (126,800 yuan), while the Yuan Plus is priced at $19,000 (139,800 yuan).
Kia EV5 (Source: Kia)
Kia launches $20K EV5 to take on BYD, Tesla
Influenced by its flagship EV9’s design, the EV5 “brings a new era of electric mobility to the compact SUV sector to meet the needs of millennial families.”
The EV5 features Kia’s new “Opposites United” design, including a rugged, boxy exterior with powerful fenders.
Kia EV5 electric SUV (Source: Kia)
You will notice the new “Tiger Face” up front, replacing Kia’s signature “Tiger Nose” grille. The vehicle’s three-dimensional “Star Map Lighting” further emphasizes the SUV’s aggressive design.
Since millennials use their SUV as an “additional room,” according to Kia, the EV5’s interior is designed to be more like a home lounge. A pushed-back D-pillar extends the interior space. Meanwhile, the folding rear bench provides ultimate flexibility with additional storage under the floor.
Kia EV5 interior (Source: Kia)
Equipped with Kia’s connected car Navigation Cockpit (ccNC), the EV5 features a panoramic wide display. This includes a dual 12.3″ cluster and infotainment and a 5″ climate control display.
Kia kept the interior simple with few buttons, resulting in a minimalist feel. Instead, four hidden hard keys are held under the central AVNT screen.
Kia EV5 rear (Source: Kia)
Based on Hyundai’s E-GMP platform, the EV5 will come in three variations: standard, long-range, and long-range AWD.
The standard Kia EV5 trim, starting at around $20K, is equipped with a 64.2 kWh BYD Blade battery pack and 160 kW motor, providing up to 530 km (329 miles) CLTC range. The long-range model features an 88.1 kWh battery for up to 720 km (447 miles) CLTC range.
Kia EV5 battery options and range (Source: Kia)
That’s not too far off from Tesla’s Model Y. The Model Y RWD, starting at 266,400 yuan ($37K), features 554 km (344 miles) CLTC range. The Model Y long-range, starting at 302,400 yuan ($42K), includes up to 544 km (338 miles) range.
Electrek’s Take
Kia’s new electric SUV could play a significant role as the automaker looks to expand in the biggest EV market globally.
At nearly half the cost, Kia’s EV5 is aimed at rival market leaders like Tesla’s Model Y. It will also take on low-cost competitors like the BYD Dolphin and Yuan Plus EVs.
The only thing Kia needs to work on now is bringing the EV5 overseas to the US. Kia’s flagship EV9 will hit US dealerships by the end of the year, but a smaller, cheaper option could sell with affordable EVs like the current Bolt EV, being retired at the end of the year.
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First Solar just cut the ribbon on a huge new factory in Iberia Parish, Louisiana, and it dwarfs the New Orleans Superdome. The company’s $1.1 billion, fully vertically integrated facility spans 2.4 million square feet, or about 11 times the size of the stadium’s main arena.
The factory began production quietly in July, a few months ahead of schedule, and employs more than 700 people. First Solar expects that number to hit 826 by the end of the year. Once it’s fully online, the site will add 3.5 GW of annual manufacturing capacity. That brings the company’s total US footprint to 14 GW in 2026 and 17.7 GW in 2027, when its newly announced South Carolina plant is anticipated to come online.
The Louisiana plant produces First Solar’s Series 7 modules using US-made materials — glass from Illinois and Ohio, and steel from Mississippi, which is fabricated into backrails in Louisiana.
The new factory leans heavily on AI, from computer vision that spots defects on the line to deep learning tools that help technicians make real‑time adjustments.
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Louisiana Governor Jeff Landry says the investment is already a win for the region, bringing in “hundreds of good-paying jobs and new opportunities for Louisiana workers and businesses.” A new economic impact analysis from the University of Louisiana at Lafayette projects that the factory will boost Iberia Parish’s GDP by 4.4% in its first full year at capacity. The average manufacturing compensation package comes in at around $90,000, more than triple the parish’s per capita income.
First Solar CEO Mark Widmar framed the new facility as a major step for US clean energy manufacturing: “By competitively producing energy technology in America with American materials, while creating American jobs, we’re demonstrating that US reindustrialization isn’t just a thesis, it’s an operating reality.”
This site joins what’s already the largest solar manufacturing and R&D footprint in the Western Hemisphere: three factories in Ohio, one in Alabama, and R&D centers in Ohio and California. Just last week, First Solar announced a new production line in Gaffney, South Carolina, to onshore more Series 6 module work. By the end of 2026, the company expects to directly employ more than 5,500 people across the US.
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No, it’s not the new Bolt. GM’s design team previewed a new high-riding “sporty Chevrolet EV” that should be brought to life.
Is Chevy launching a new sporty EV?
This is the all-electric vehicle Chevy should sell in the US. General Motors’ design team released a series of sketches previewing a sporty new Chevy EV.
Although it kinda looks like the new 2027 Chevy Bolt EV as a higher-sitting compact crossover SUV, the design offers a fresh take on what it should have looked like.
The new Bolt is essentially a modernized version of the outgoing EUV model with a similar compact crossover silhouette. Nissan adopted a similar style with the new 2026 LEAF as buyers continue shifting from smaller sedans and hatchbacks to crossovers and SUVs.
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Will we see the sporty Chevy EV in real life? It’s not likely. For one, the “exploration sketch” is by GM China Advanced designer Charles Huang.
GM Design posted the sketches on its global social media page, but the caption read “Sporty Chevrolet EV for the China Market.”
It’s too bad. The Bolt could use a sporty sibling like an SS variant. Chevy introduced the Blazer EV SS (check out our review) for the 2026 model year, its fastest “SS” model yet. Packing up to 615 horsepower and 650 lb-ft of torque, the Chevy Blazer SS can race from 0 to 60 mph in 3.4 seconds when using Wide Open Watts (WOW) mode.
Will the Bolt be next? I wouldn’t get my hopes up. And if GM does bring the sporty Chevy EV to life, it will likely only be sold in China. Like all the fun cars these days.
The 2027 Chevy Bolt EV RS (Source: Chevrolet)
What do you think of the design? Would you buy one of these in the US? Let us know your thoughts in the comments.
While deliveries of the 2027 Bolt are set to begin in early 2026, Chevy is offering some sweet deals on its current EV lineup, including up to $4,000 off in Customer Cash and 0% APR financing for 60 months.
Ready to test drive one? You can use our links below to find Chevy Equinox, Blazer, and Silverado EVs at a dealership near you.
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In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss electricity becoming the base currency, Tesla Robotaxi crashes, the new Porsche Cayenne EV, and more.
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