Despite a recent slowdown in the electric vehicle (EV) market, Kia is forging ahead with the introduction of its new model, the EV3, poised to become the most budget-friendly zero-emission vehicle in their lineup. The EV3, which made its initial appearance at the Los Angeles Auto Show last November, is set to make its official entrance on May 23.
The production model of the EV3 is expected to retain approximately 90% of the concept’s design, characterized by its angular styling and distinctive lights. While the overall design remains true to the concept, minor modifications in elements such as side mirrors and door handles are anticipated.
The EV3 is constructed on the E-GMP platform, shared with its larger siblings, the EV6 and EV9. However, it will feature a 400-volt system rather than the 800-volt system used by its counterparts, indicating that it may not support the ultra-fast charging capabilities seen in the EV6.
For comparison, the EV5, which also operates on a 400-volt system, requires 27 minutes to charge from 30% to 80%, whereas the EV6 can charge from 10% to 80% in a mere 18 minutes.
Initially showcased in the U.S., the decision to offer the EV3 in the American market is still under review. The EV3’s price point is set to start at around $32,000, with the potential to drop to $24,500 after applying a $7,500 federal tax credit.
This tax credit is contingent on the vehicle being manufactured in North America, a criterion that could be met if the EV3 is assembled at Kia’s facility in Monterrey, Mexico, thus qualifying it for the incentive.
This strategic pricing places the EV3 as a formidable contender in the electric vehicle arena, offering an accessible option for consumers looking to transition to sustainable transportation without breaking the bank.