Kia is making its presence known in the US. After setting a new November sales record, Kia has “no plans of slowing down.” While Kia’s current EV models, including the EV6 and EV9, are building momentum, even more exciting electric cars are coming soon.
Kia sets new US sales record in November 2024
Kia sold 70,107 vehicles in the US last month, its best-ever November. It was also Kia’s first time crossing the 70K sales mark in November.
The impressive performance comes after sister company Hyundai announced earlier today that November was its best-ever US sales month.
For the second straight month, Kia’s US retail sales have grown by 20% YOY. Kia’s SUVs carried the weight with a 75% share, while electrified models accounted for 16% of total sales last month.
Kia’s first dedicated electric vehicle, the EV6, set a new November record with 1,887 units sold. Over 19,600 EV6 models were sold in the US through the first 11 months of 2024, up 11% from last year. Meanwhile, Kia’s first three-row electric SUV, the EV9, continued seeing strong demand.
2024 Kia EV9 GT-Line (Source: Kia)
With another 2,155 units sold last month, Kia has sold over 20,000 three-row electric SUVs in the US so far this year.
Despite costing over $12,000 more than the EV6, Kia’s EV9 continues to attract strong demand in a growing segment.
2025 Kia EV6 US-spec model (Source: Kia)
New EVs expect to see strong demand
Kia is building the EV9 at its West Point, GA plant, but it isn’t expected to qualify for the full $7,500 tax credit until next year. Until then, Kia is matching the incentive with its own discounts, including $7,500 in customer cash, $1,000 in seasonal bonus cash for buyers, and $600 in lease bonus cash for lessees.
2025 Kia EV9 Trim
Starting Price*
Light Standard Range
$54,900
Light Long Range
$59,900
Wind
$63,900
Land
$69,900
GT-Line
$73,900
2025 Kia EV9 price by trim (*excluding $1,325 destination fee)
The 2025 Kia EV9 starts at under $55,000, while the premium GT-Line trim tops out at $73,900. Kia’s standard range model gets up to 230 miles driving range while the long-range model gets up to 304 miles.
After unveiling five new vehicles at the LA Auto Show, Kia has “no plans of slowing down,” according to Kia America VP of Sales Eric Watson.
2025 Kia EV6 US-spec model (Source: Kia)
Kia introduced the new 2025 EV6 with a bigger battery, more features, and an NACS charging port for Tesla Superchargers. It will be made at Kia’s GA plant alongside the EV9 to qualify for the federal tax credit. We also got our first look at the 2026 EV9 GT, which promises “enormous power.”
A new set of lower-cost EVs are also expected to launch in the US. Kia confirmed it will launch the entry-level EV4 sedan in 2025, following the EV3 SUV, which is already rolling out to new global markets.
Kia EV4 (left) and EV3 (right) (Source: Kia)
Kia opened EV3 orders in Korea this summer, starting at around $30,000 (KRW 42.08 million). In Europe, the compact electric SUV costs around $38,000 (36,000 euros). Both are expected to arrive in the US.
Ready to check out Kia’s electric vehicles for yourself? We can help you find the best deals in your area. You can use our links below to view offers on 2024 and 2025 Kia EV models at a dealer near you.
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A fully electric Isuzu pickup truck? That’s right. The D-MAX EV is Isuzu’s first electric pickup, and it will be rolling in the next few months. After kicking off mass production, Isuzu said the new EV pickup will “match the performance of existing diesel models,” boasting high towing capacity and payload.
Isuzu’s first electric pickup is launching in 2025
Isuzu announced on Tuesday that the D-MAX EV has officially entered mass production. The company has started building left-hand drive models, which will be shipped to Europe in the third quarter of 2025.
By the end of the year, production of right-hand drive models will begin for the UK, with sales expected to start in 2026.
The electric pickup is nearly identical to Isuzu’s popular gas-powered D-MAX, but swaps the diesel powertrain for a pair of electric motors. The D-MAX EV features new e-Axles, one on the front and the other at the rear, for a full-time 4WD system.
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The dual-motor powertrain enables it to match the performance of existing diesel models, with a combined 188 hp (140 kW) and a maximum torque of 240 lb-ft (325 Nm).
It can also tow over 7,700 lbs (3,500 kg) with a maximum payload of over 2,200 lbs (1,010 kg). That’s about the same as the D-MAX diesel, which has a 3,500 kg towing capacity and a payload capacity of up to 1,200 kg.
Powered by a 66.9 kWh battery, Isuzu’s first electric pickup boasts a driving range of up to 263 km (162 miles) on the WLTP. In the city, it can have a driving range of up to 224 miles (361 km).
Isuzu D-Max EV specs
Drive System
Full-time 4×4
Battery Type
Lithium-ion
Battery Capacity
66.9 kWh
Max Output
130 kW (174 hp)
Max Torque
325 Nm
Max Speed
Over 130 km/h (+80 mph)
Max Payload
1,000 kg (+2,200 lbs)
Max Towing Capacity
3.5t (+7,700 lbs)
Isuzu D-Max EV electric pickup specs
Built for on and off-road performance, the rugged electric pickup features over 8″ (210 mm) of ground clearance with a wading depth of nearly 24″ (600 mm).
Although prices have not been announced, the D-MAX EV is expected to start slightly higher than the diesel model, which has a base price of around € 36,500 ($41,600).
Isuzu’s popular D-MAX is sold in over 100 countries, including Europe, Asia, the Middle East, and Central and South America. The electric version will arrive in Europe in the next few months, followed by the UK and other regions in 2026.
The electric D-MAX will compete with the Toyota Hilux, Ford Ranger, and other electric pickups, such as Geely’s Radar R6, BYD’s Shark, and Ford’s F-150 Lightning.
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For the first time in five years, a Tesla insider required to report Tesla stock transactions bought stocks rather than selling them.
But the transaction is so small that it makes the whole situation hilarious.
Insiders in public companies are top executives and board members who are required to report to the SEC any transaction related to the company’s stock.
For Tesla, it has become a running joke that insiders only sell, never buy the stock.
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This has been true without exception for years.
We don’t know as much about executives as Tesla has a very short top executive bench who are required to file transactions. However, when it comes to its board members, they have been selling at an impressive rate.
However, we now have confirmation that a Tesla board member is buying, rather than selling.
Joe Gebbia, the Airbnb co-founder who joined Tesla’s board in 2022, confirmed that he bought 4,000 shares in Tesla last week worth about $1 million:
Electrek’s Take
Gebbia is estimated to be worth over $7 billion. Therefore, his purchase of $1 million worth of Tesla stock would be equivalent to my buying a fractional share in Tesla.
Furthermore, the disclosure confirmed that despite being on the board for the last 3 years, Gebbia owned only 111 shares in Tesla before the transaction.
That’s quite the show of confidence in Tesla.
Thie whole situation with the board is disappointing. Tesla’s core business is melting. The company reported its worst quarter in years last week, and the stock surged 20%.
None of it makes any sense.
The board is sitting on its hands while the most powerful force accelerating the advent of electric transport is being destroyed in favor of nonsensical predictions about the potential of solving self-driving and humanoid robots.
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Venmo, long a centerpiece of PayPal‘s growth story but often criticized for its lack of monetization, is becoming a bigger contributor to the business.
PayPal said Tuesday in its first-quarter earnings release that revenue at Venmo increased 20% year-over-year in the first quarter, though the company didn’t provide a dollar figure. PayPal acquired Venmo in 2013 through the acquisition of parent company Braintree.
While it’s long been a popular consumer service for sending money to friends, Venmo’s ability to drive meaningful revenue has been a major question mark for investors, especially as competition from rivals like Zelle and Square Cash has intensified.
Venmo’s total payment volume rose 10% from a year earlier, but revenue grew twice as fast, reflecting the business opportunity. Venmo only gets revenue from specific products like Pay with Venmo at online checkout, Venmo debit cards, and instant transfers, but not from peer-to-peer payments.
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Ahead of the earnings report, Jefferies analysts noted that Venmo revenue growth appeared to be “accelerating sharply” and flagged its rising contribution to branded checkout as a key area to watch. Compass Point analysts similarly said that while competition from Zelle and Square Cash remains fierce, Venmo’s traction with debit cards and online checkout could “open up new monetization avenues” if adoption trends continue.
The company added nearly 2 million first-time PayPal and Venmo debit card users during the quarter, and total debit card payment volume across PayPal and Venmo climbed more than 60%. Meanwhile, Pay with Venmo transaction volume surged 50% year over year, and Venmo debit card monthly active users grew about 40%.
PayPal reported better-than-expected earnings for the quarter but missed on revenue. The company reaffirmed its full-year guidance, citing macroeconomic uncertainty.