Kia EV4 Test Drive Spotted In US: Is It The Electric Successor To Soul?
Portfolio Pulse from Benzinga Neuro
The upcoming Kia EV4, a subcompact electric crossover, has been spotted during testing in the U.S., leading to speculation that it might replace the electric Soul model. The EV4 is expected to have a starting price below $30,000 and could ride on Hyundai’s E-GMP platform used for all-electric Kia and Hyundai models. More details about the EV4 will be revealed later this year or early 2024.
September 20, 2023 | 9:03 am
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POSITIVE IMPACT
The sighting of Kia's EV4 during testing in the U.S. and its potential to replace the electric Soul model could impact Kia's stock. The EV4's expected price point below $30,000 could make it an attractive option for consumers, potentially boosting Kia's sales and stock price.
The news of Kia's EV4 testing in the U.S. and its potential to replace the electric Soul model is directly relevant to Kia's operations and could influence investor sentiment. The EV4's expected competitive price point could attract consumers, potentially leading to increased sales and a positive impact on Kia's stock price.
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