Kia Ranks 2nd in Sweden's Electric Vehicle Market... 1st Place in the Netherlands for 5 Consecutive Months
The First Dedicated Electric Vehicle EV6 Contributes to Kia's Sales Performance
[Asia Economy Reporter Ki-min Lee] Kia is leading a surge in popularity in emerging electric vehicle markets in Europe, such as Sweden and the Netherlands.
According to EU-EVs, a European electric vehicle sales aggregation agency, Kia sold 6,018 units (12.7% market share) in Sweden from January to November this year, surpassing Tesla, which sold 5,666 units (11.9%). The top spot was held by Volkswagen, which sold 9,296 units (19.6%).
Until October, Kia was in third place, trailing Tesla by about 120 units, but last month it sold 776 units, overtaking Tesla.
Kia's first dedicated electric vehicle, the EV6, contributed to the performance by selling 11 units in its first month of entry into the Swedish market in October and 355 units last month. In last month's Swedish model sales ranking, the EV6 ranked 5th alongside the Niro EV (355 units), and the gap with the top-ranked Volkswagen ID.4 was only about 230 units.
Sweden is the third country in Europe with the highest proportion of electric vehicles. According to the national electric vehicle registration status from the European Alternative Fuels Observatory under the EU Commission, from January to September this year, Norway had the highest electric vehicle proportion at 59.7%, followed by Iceland (27.9%) and Sweden (15.9%). The size of Sweden's electric vehicle market through the third quarter of this year is 36,000 units, and it is expected to reach 50,000 units cumulatively for the year.
Of course, looking at the cumulative electric vehicle market size through the third quarter this year, Germany (229,000 units), the United Kingdom (121,000 units), and France (107,000 units) rank higher. However, these countries have a strong preference for domestic brands and a relatively low electric vehicle proportion of around 10%.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
In the Netherlands, which global automakers also consider another target region for electric vehicles, Kia has held the top position since July. As of November this year, Kia's cumulative electric vehicle sales in the Netherlands reached 6,046 units (12.7% market share), far ahead of second-place ?koda (5,080 units, 10.7%) and third-place Volkswagen (4,029 units, 8.5%). Tesla sold only 2,277 units, accounting for just 4.8% of the market share.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.