Korea’s Kia is poised to shake things up with its upcoming EV5 set to launch in June, directly challenging the dominance of Tesla’s Model Y, a current bestseller in the region.
This development raises significant questions about the trajectory of the EV industry, particularly considering Tesla’s recent setbacks.
Amidst reports of declining deliveries and the cancellation of its much-anticipated Model 2, Tesla’s competitive position is under scrutiny, with implications extending beyond the company itself to the broader EV landscape. Meanwhile, Australia’s latest vehicle sales data unveiled the performance of EVs, shedding light on the market’s emerging trends and top performers.
