Kia’s new EV3 secures over 10,000 reservations: Is this the affordable EV game changer?
Kia’s new low-cost electric SUV has already secured over 10,000 reservations in its home market. Kia sees the EV3 as a potential “game changer” with climbing demand for affordable electric options.
Kia EV3 gets 10,000 reservations in under a month
Despite its compact size, Kia’s new EV3 is expected to have a significant impact on the brand. The EV3 is part of Kia’s new series of mass-market EVs.
The EV3 is a compact electric SUV revealed during Kia’s first annual EV day in October. Featuring Kia’s new “Opposites United” branding, it combines the tech and design of its larger EV9 with a smaller, more affordable package.
After opening orders in South Korea on June 4, 2024, the EV3 has already secured over 10,000 reservations.
Kia’s EV3 starts at just $30,700 (KRW 42.08) before tax benefits. With incentives, Kia’s EV3 starts at around $29,200 (KRW 39.95 million).
Jeong Won-Jeong, vice president at Kia Corp, revealed that EV3 reservations topped 10,000 in just 23 days. Kia’s VP said the new compact EV will be a “game changer” in its home market.
Based on Hyundai’s E-GMP platform, the EV3 gets up to 311 mi (501 km) range in Korea. Meanwhile, the standard range gets up to 217 mi (350 km).
The EV3 joins the EV6 and EV9 in Kia’s lineup, which will be strengthened by the launch of the EV4 and EV5 next year. Kia said it aims to sell 18,000 EV3 models in Korea by the end of the year.
| Kia EV3 trim | Range | Starting Price | Starting Price After Incentives |
| Standard | 217 mi (350 km) | $30,700 (KRW 42.08 million) | $29,200 (KRW 39.95 million) |
| Earth | Standard: 217 mi (350 km) Long Range: 311 mi (501 km) |
$33,400 (KRW 45.71 million) | N/A |
| GT Line | Standard: 217 mi (350 km) Long Range: 311 mi (501 km) |
$34,100 (KRW 46.66 million) | N/A |
| Long Range | 311 mi (501 km) | $34,100 (KRW 46.66 million) | $32,200 (KRW 44.15) |
The EV4 is Kia’s take on an entry-level electric sedan. Ahead of its official debut, the EV4 has been spotted testing in public (check out the rear end in this video).
Kia’s electric car is expected to hit the market at around $35,000 next year. It will likely launch the EV4 domestically ahead of the US and Europe.
Electrek’s Take
While most automakers plan to launch more affordable EVs, Kia is ahead of the game. Although 10,000 may not seem huge compared to the 68,000 reservations Rivian’s R2 secured in under 24 hours, this is only in Korea. As the EV3 hits new markets, Kia expects to see strong demand.
The EV3 will compete with Volvo’s EX30, starting at $35,000, and several other similarly priced models from China and Europe.
What do you guys think? Would you buy Kia’s EV3 for $30,000? Let us know in the comments below.
Source: Consumerwide
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The BYD “Shenzhen” set sail on its first voyage overseas this week. With 9,200 parking spots, or about enough to fill 20 football fields, BYD’s new car transport ship is now the world’s largest.
BYD’s largest car carrier sets sail for Brazil
BYD’s Shenzhen is on its maiden voyage to Brazil after setting sail on April 27. The vessel is carrying over 7,000 new energy vehicles (NEVs), including electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs). It’s the largest single batch of NEVs exported from China so far.
The new vessel is BYD’s fourth car transport ship and the world’s largest, capable of carrying 9,000 vehicles. According to the company, that’s enough to fill about 20 football fields.
BYD launched its first car carrier, the Explorer No 1, in January 2024. It has already completed several trips to Germany, Spain, and Brazil.
Its second, the BYD Changzhou, set sail in December 2024, followed by the Hefei earlier this year. All three vessels can carry up to 7,000 vehicles, making the Shenzhen the largest so far.
The Shenzhen is named after the automaker’s hometown and demonstrates “BYD’s firm determination to promote sustainable development in Brazil.”
BYD is preparing to launch two more vessels, the Changsha and Xi’an. The Changsha is expected to launch soon, while the Xi’an was introduced on April 2.
The new car carriers will help accelerate BYD’s aggressive overseas expansion. In the first three months of 2025, the company sold over 206,000 NEVs overseas, more than double the number it sold last year.
BYD sells a wide range of vehicles in Brazil, including the low-cost Dolphin Mini, starting at around $20,000 (99,800 BRL). In October, it launched its first hybrid pickup truck, the Shark, starting at 379,800 BTL ($66,900).
Brazil is only one overseas market that BYD is targeting. BYD’s sales are expected to double in Europe in 2025, with significant growth in other key regions like Southeast Asia, Japan, Mexico, and South Korea, to name a few.
Source: BYD
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‘Tesla homes’ in a Houston neighborhood where all the homes have Tesla solar roofs and Powerwalls went for sale.
7 out of the 11 homes have reportedly already sold.
Tesla neighborhood is a term that is being used for new developments where all the homes integrate all or part of Tesla’s power ecosystem, including the Powerwall home battery pack.
The best example is a giant new development project in Austin, Texas, by Brookfield Asset Management and Dacra in which up to 12,000 new homes are to be built and offering Tesla solar roofs and Powerwalls.
However, since the announcement, it looks like only some of the homes in the new neighborhood have Tesla energy systems.
In 2022, Tesla also announced a similar project in Las Vegas.
A year later, the company claimed to have deployed “over 600 solar neighborhoods” worldwide, with a total capacity exceeding 100 MW.
One such ‘Tesla neighborhood’ is a small block of 11 townhouse homes featuring Tesla solar roofs and Powerwalls in Houston, Texas.
The homes were recently completed and went on sale, starting at $544,900.
Here are some pictures from the listings:
Utopia Homes, the developer behind the project, described the properties (via Chron):
Step into modern elegance expertly crafted by Utopia Homes. This property showcases groundbreaking Tesla Solar Roof Shingles and Power Wall technology, ensuring 100% energy security and eliminating electric bills for a truly sustainable lifestyle.
The house has proved popular according to the real estate agents, with 7 out of 11 homes already sold.
As we recently reported, Tesla’s solar roofs have proven to be a more expensive and niche product than the company previously presented.
Tesla has largely stopped discussing it, but it is still being deployed through some third-party installers, such as in this case, on new homes.
However, its Powerwall product remains a very popular solution for homeowners seeking greater energy independence and protection against outages, which have been a frequent problem in Texas.
More homeowners are turning to generators, and alternatives like home battery packs are gaining popularity.
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Canadian electric propulsion specialist Vision Marine continues to graduate beyond advanced outboard motors into a provider of all-electric boats. This month, Vision introduced two new electric pontoon boats – the 12-passenger V24 and 15-passenger V30, each capable of a range up to 90 nautical miles.
Vision Marine Technologies ($VMAR) is a Canadian technology company with over 25 years of experience in the marine industry. The company made waves (literally) by introducing its E-Motion turnkey powertrain system, which it has since integrated into a catamaran speedboat, which set a speed record of 109 mph in 2022.
Since then, Vision has introduced six hp two-cruiser vessels – the Fantail 217 and Volt 180, each capable of transporting 10 passengers via its E-Motion technology. Most recently, Vision Marine has integrated the full power of its 180 hp electric powertrain technology into two additional vessels, both electric pontoon boats.
Earlier this month, the company officially began sales of the Vision V24 and V30, which you can view below.
Vision Marine brings power and range to electric pontoons
According to Vision Marine Technologies, orders for its two new electric pontoon boats are now open, and they are touting the same E-Motion technology that put the company on the map a few years ago.
The first model is the V24, a 12-passenger electric pontoon that is 24′ 8″ in length and has 180 hp. The ultra-quiet E-Motion powertrain is powered by a standard 43 kWh marine battery pack, offering 40 nautical miles (46 miles) of all-electric range on a single charge. For added range, Vision sells a version of the electric pontoon with a second battery pack, totaling 86 kWh and delivering up to 90 nautical miles (104 miles) of range.
While the V24 offers more of a classic attempt at the pontoon boat, Vision’s additional new vessel, the all-electric V30, is a tad sportier and provides room for more passengers aboard (15). This 30′ vessel features the same E-Motion powertrain options, complete with the same two battery configurations to offer the same ranges as the V24.
However, the V30 has additional features such as 4 x 6.5″ interior speakers and cool-touch seats. Both models feature an integrated onboard charger that supports both 120- 240V (30 to 50 amps) for seamless charging, no matter the dock plug while moored.
The Vision V24 starts at $99,995 for the standard battery pack version, while the V30 starts at a higher price of $139,995. As previously mentioned, both electric pontoon boats are available to order today.
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