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[BUSINESS] · Sweden · 2 sources

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Kia and Volvo advance electric vehicle offerings

Automotive developments in the electric vehicle sector include new model testing and ownership cost comparisons. Kia has introduced the EV5 GT, the third vehicle in its new GT performance trio alongside the EV3 GT and EV4 GT. The EV5 GT features 306 hp and offers significant interior space, including heated rear outer seats as a standard feature for the Swedish market.

In a comparison of ownership costs between electric and plug-in hybrid models, analysis of the new Volvo EX60 electric vehicle against the updated XC60 plug-in hybrid suggests significant economic differences. The XC60 plug-in hybrid can reportedly travel up to 200 km on electric power between charges, blurring the distinction between the two powertrain types, though total ownership costs may vary by tens of thousands of kronor annually.

Entities

Kia · Volvo