KIA America Continues Growth Momentum With Record-High July Sales of Electrified Lineup

Staff Report From Georgia CEO

Monday, August 5th, 2024

Kia America’s positive electrification trajectory continued with record-setting July sales performances. Notably, year-to-date volume of EV models experienced a remarkable increase of 99-percent year-over-year through July, reinforcing Kia’s leadership position in the global electric vehicle market.

July sales totaled 63,580, with SUVs accounting for 76- and electrified models accounting for 18-percent, respectively, of the total. The ICE Seltos SUV (+5-percent) and the Sportage SUV (+4-percent) – available with ICE, hybrid and plug-in hybrid powertrains – each set July sales records, helping to further accelerate Kia’s sales growth.

“Kia anticipated the shifting market trends and we proactively responded by improving our range of sustainable electrified models including hybrid, plug-in hybrid and all-electric models,” said Eric Watson, vice president, sales operations, Kia America. “We’ve also seen more and more consumers gravitate to the Kia brand for our award-winning SUVs including the record-breaking Seltos and Sportage models. As we expand our electrified offerings with the first-ever hybrid Carnival MPV over the next few months, we are confident that consumer interest in the Kia brand will continue to strengthen.”        

In addition to the monthly sales performance, Kia America announced several initiatives, including:

  • Kia America was named among TIME magazine’s “World's Most Sustainable Companies of 2024.” Companies were measured on external sustainability ratings. Key criteria included adherence to the UN Global Compact, alignment with the Science Based Targets initiative, inclusion in the S&P Global Sustainability Yearbook, participation in the UNFCCC Race to Zero, and MSCI ESG & SRI evaluations. 
  • Kia America donated $250,000 to the American Red Cross to support emergency disaster relief and recovery efforts in response to the devastating impact of Hurricane Beryl in the U.S. 
  • Model year 2025 pricing for three of Kia’s most popular models including the Sportage and Sorento SUVs, and the Soul urban runabout were announced.
 

MONTH OF JULY

YEAR TO DATE

Model

2024

2023

Model

2023

EV9

1,815

0

11,486

0

EV6

1,547

1,937

12,488

10,265

Rio

1

2,358

1,917

16,554

Forte

10,448

11,004

80,921

73,065

K5

4,713

6,215

17,520

37,112

Stinger

0

464

0

5,018

Soul

3,428

5,123

31,893

39,870

Niro

2,674

3,112

20,776

22,437

Seltos

5,481

5,251

38,267

37,674

Sportage

12,628

11,853

92,481

83,742

Sorento

7,206

8,569

53,869

51,376

Telluride

9,082

9,759

62,782

65,043

Carnival

4,557

5,285

25,640

23,107

Total

63,580

70,930

450,040

465,263