{"id":18243,"date":"2023-06-05T05:50:55","date_gmt":"2023-06-05T09:50:55","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/kia-jumps-into-electric-car-price-wars-by-bringing-back-the-ev6-light\/"},"modified":"2023-06-05T05:50:56","modified_gmt":"2023-06-05T09:50:56","slug":"kia-jumps-into-electric-car-price-wars-by-bringing-back-the-ev6-light","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=18243","title":{"rendered":"Kia jumps into electric car price wars by bringing back the EV6 Light"},"content":{"rendered":"
\n

The average new car\u00a0sold for more than $48,000 last month\u00a0\u2014 almost $2,000 higher than a year before. Electric vehicle prices, however, are on the way down. The average EV sold for just over $55,000 \u2014 more than $10,000 lower than in the same month of April in 2022.<\/p>\n

The EV market is in the midst of a price war.\u00a0Tesla
\n TSLA,
\n +3.11%<\/bg-quote>
\n has repeatedly cut prices on its least-expensive models\u00a0\u2014 the\u00a0Model 3\u00a0now starts at just $40,240\u00a0before<\/em>\u00a0federal tax incentives. Ford
\n F,
\n +2.31%<\/bg-quote>
\n recently answered by\u00a0slashing prices on its Mustang Mach-E.<\/p>\n

\n

Kia would like to play, too.<\/p>\n

The South Korean automaker has cut the entry price on its gorgeous\u00a02023 EV6 SUV. It accomplished the trick by bringing back an entry-level trim that seems to come and go from the Kia
\n 000270,
\n +1.17%<\/bg-quote>
\n lineup with some regularity.<\/p>\n

See<\/strong>: The 2023 Kia EV6 vs. the Ford Mustang Mach-E: Neither is boring, both have attitude\u2014which electric SUV is better?<\/p>\n

Lower price, lower power, lower range<\/strong><\/h2>\n

The EV6 Light gets by with a smaller battery and just one electric motor on the rear wheels. That gives it 167 horsepower and a range of 232 miles.<\/p>\n

The model isn\u2019t on Kia\u2019s website yet. CarsDirect obtained a sticker price from a model on a dealer lot in California. It was listed at $42,600 plus a $1,325 destination fee. That\u2019s over $6,000 below the Wind, the next higher trim.<\/p>\n

A Kia spokesperson confirms the model is returning but says it will be sold only in Western states and produced in limited numbers. \u201cKia is following the market and other EVs sellers such as VW,\u201d which now sells a limited-range model of its\u00a0ID.4 EV, he says. \u201cKia is doing the same in the Western Region only. Customers who don\u2019t require the longer range appreciate the value.\u201d<\/p>\n

See<\/strong>: The 2023 Kia EV6 vs. the VW ID.4: Two very different approaches to going electric<\/p>\n

The EV6 Light, he says, will be available from dealers in Alaska, Arizona, California, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, and Washington.<\/p>\n

It gives shoppers access to the fast charging times and sporty look of the EV6, with limited range and fine-around-town performance. Its 232-mile range keeps it from serving as a great road trip car. But if you\u2019re looking for a flexible commuter car you enjoy looking at, the return of the EV6 Light is good news.<\/p>\n

This story originally ran on\u00a0<\/em>KBB.com.<\/em><\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The average new car\u00a0sold for more than $48,000 last month\u00a0\u2014 almost $2,000 higher than a year before. Electric vehicle prices, however, are on the way down. The average EV sold for just over $55,000 \u2014 more than $10,000 lower than in the same month of April in 2022. The EV market is in the midst […]<\/p>\n","protected":false},"author":1,"featured_media":18244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-18243","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nKia jumps into electric car price wars by bringing back the EV6 Light | iFintechWorld<\/title>\n<meta name=\"description\" content=\"The average new car\u00a0sold for more than $48,000 last month\u00a0\u2014 almost $2,000 higher than a year before. 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