logo
Kia Canada's electric vehicles adopt North American Charging Standard (NACS) Français

Kia Canada's electric vehicles adopt North American Charging Standard (NACS) Français

Cision Canada28-04-2025

Public charging outlet access now increased by 15.2% for Kia EV owners through use of the Tesla Supercharger network in Canada
2025 Kia EV6 and 2026 Kia EV9 first models to come standard with the NACS charging port
Adapters available for purchase for EV6, EV9, Niro EV and current generation Soul EV owners
TORONTO, April 28, 2025 /CNW/ - Kia Canada announces the adoption of the North American Charging Standard (NACS) port to its current electric vehicle lineup. This move will expand access to the existing public charging network across Canada from 29,995 outlets to 34,557, an increase of 15.2%, including both level 2 and level 3 DC fast chargers 1. Access to more DC fast chargers is an important development for Kia's electric vehicles as it significantly expands the available chargers, giving confidence to increasing EV adoption.
First to receive the NACS charging port is the 2025 EV6 and 2026 EV9. For current owners of EV6, EV9, Niro EV and current generation Soul EV, a Kia accessory adapter is now available for purchase at all Kia dealerships across Canada. In Canada, the Tesla app is required for use of the Tesla Supercharger network which supports NACS charging.
"Integrating NACS is a natural progression in the evolution of the EV landscape to help consumers transition smoothly from gas to electric in the years to come," said David Sherrard, Director of Strategic Planning at Kia Canada. "While majority of charging occurs at home, this expansion will bring more convenience to Kia EV owners to move freely with confidence beyond typical day-to-day commuting."
For more information on Kia's latest line up of electric vehicles and services, please visit www.kia.ca.
The information in this press release is provided for informational purposes only and concerns Kia Canada Inc., in Canada. The content is based on available information at time of publication. Product features, specifications, options, pricing, models, packages, details and offering is subject to change by time of launch in Canada.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

‘It's Only Just Begun,' Says Investor About Tesla Stock
‘It's Only Just Begun,' Says Investor About Tesla Stock

Globe and Mail

time2 hours ago

  • Globe and Mail

‘It's Only Just Begun,' Says Investor About Tesla Stock

There are many things to say about Elon Musk and Tesla, Inc. (NASDAQ:TSLA), but boring is certainly not one of them. Musk and his company are in the headlines seemingly every day, for better or for worse. Confident Investing Starts Here: Most recently, last week's very public, social media-fueled split between Musk and his previous pal President Donald J. Trump caused TSLA stock to fall precipitously, though it has clawed back some of these losses over the past few days. This broke a largely positive trend for TSLA, which over the past month and a half had been floating upwards. Indeed, it was Musk's admission in the company's Q1 2025 earnings report towards the end of April – in which he shared that he would be cutting down on most of his DOGE-related duties to focus on his private sector ventures – which sparked the recent bull run. All told, the company's share price has lost almost a quarter of its value year-to-date. One investor known by the pseudonym Cash Flow Venue thinks that the TSLA has farther to fall – and Musk bears a large chunk of the blame. 'The crash has just begun,' asserts the investor. 'I think Elon is a disaster for Tesla's brand and its global perception by customers.' Cash Flow Venue further explains that Musk's strong support of Trump has alienated the majority of progressive voters. Unfortunately for Tesla, these seem to be the consumers most likely to purchase an EV. Moreover, the slowing sales are not confined to the U.S. but are being felt throughout the global marketplace. Cash Flow Venue cites a litany of depressing figures from around the world for Tesla's EVs, including year-over-year sales decreases of 68% in Portugal, 67% in France, and ~54% in Sweden. On top of that, Trump administration policies are not helping matters, notes the investor, pointing to the fairly straightforward connection between the prospective end of EV tax incentives and a decline in demand. With so much going wrong for the company, Cash Flow Venue notes that TSLA's high valuation is therefore pretty 'counterintuitive.' 'Given high valuation multiples, declining sales, and mounting risks, I maintain a Strong Sell rating on TSLA stock,' sums up Cash Flow Venue. (To watch Cash Flow Venue's track record, click here) On the other hand, Wall Street has decidedly mixed opinions about TSLA. With 14 Buys, 12 Holds, and 10 Sells, TSLA has a consensus Hold (i.e. Neutral) rating. Its 12-month average price target of $281.77 has a downside of ~9%. (See TSLA stock forecast) To find good ideas for AI stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured investor. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

The Best EV Stock to Invest $1,000 in Right Now
The Best EV Stock to Invest $1,000 in Right Now

Globe and Mail

time8 hours ago

  • Globe and Mail

The Best EV Stock to Invest $1,000 in Right Now

If you're looking at the electric vehicle (EV) space, you have probably examined Tesla very closely. That makes sense, given that the company basically created the EV market, forcing established automakers to take electric vehicles seriously for the first time. But Tesla is a fairly mature business at this point. If you have $1,000 to invest, you might want to consider a company that seems to be successfully following Tesla's playbook. That stock is EV truck maker Rivian (NASDAQ: RIVN). What does Rivian do? Rivian makes electric vehicles, just like Tesla and, at this point, just about every major automaker. But Rivian isn't trying to be all things to all people -- it's highly focused on making EV trucks and SUVs. This is a niche that allows the company to differentiate its product to some degree. There are two notable things going on behind the scenes here. Rivian has inked key partnerships to support its business. One is with online retailer Amazon for delivery trucks. This relationship has been a vital support early in Rivian's existence, as it provided both a customer for the company's technology and a proof of concept for the world. In fact, when Rivian ran into supply issues for its consumer vehicles after a factory upgrade in 2024, it was able to shift production to Amazon trucks to keep its business moving forward. Rivian also has an important partnership with Volkswagen, which is providing money that Rivian is using to invest in its technology. In exchange, Volkswagen will get to use Rivian tech in its vehicles. This is a win/win, since Volkswagen hasn't been as aggressive as its peers with EVs, and it will give Rivian a customer for its technology. One of Rivian's key goals is to sell its technology to other companies. Rivian is about to follow Tesla in an important way All that said, Rivian has been following Tesla's basic playbook. It started out with very expensive consumer models. High-end trucks are a great offering, and Rivian has award-winning trucks, but the market is a bit limited. There are only so many people who can afford to buy expensive vehicles. The benefit of starting at the high end is that it brings in more revenue during the start-up phase, when costs are extremely high. After all, Rivian, like Tesla, had to build a capital-intensive manufacturing business from the ground up. That was the key goal through 2023. In 2024 and 2025, however, Rivian has shifted gears to reducing costs and working toward profitability. That process has involved, as noted above, improvements at the company's factory. Costs have come down, with Rivian producing a gross profit in the fourth quarter of 2024 and the first quarter of 2025. This is where the next big goal comes in. Like Tesla, Rivian is now looking to introduce a truck priced for the mass market, called the R2. With costs coming down, the big goal is to sell more trucks. That will allow Rivian to spread its manufacturing costs over more vehicles and further help it work toward a sustainable profit. Given the EV maker's strong execution so far, it seems highly likely that it will achieve this next goal. Helping it along is that partnership with Volkswagen, which is investing billions in Rivian with each milestone it reaches. That makes achieving the next goal that much more likely. Rivian is a high-risk investment To be fair, Rivian is still losing money, and it will likely continue to do so for a while longer. So this isn't a stock that conservative investors will likely want to buy. But if you are a bit more aggressive, Rivian looks like it could be on the cusp of a very important business shift. That makes it one of the best EV stocks to invest in, with $1,000 netting you around 70 shares of this exciting auto industry upstart. Should you invest $1,000 in Rivian Automotive right now? Before you buy stock in Rivian Automotive, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Rivian Automotive wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,341!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $874,192!* Now, it's worth noting Stock Advisor 's total average return is999% — a market-crushing outperformance compared to173%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Tesla. The Motley Fool recommends Volkswagen Ag. The Motley Fool has a disclosure policy.

SINBON Secures World's First UL Safety Certification for Liquid Cooling System for EV Charging Stations
SINBON Secures World's First UL Safety Certification for Liquid Cooling System for EV Charging Stations

Cision Canada

time18 hours ago

  • Cision Canada

SINBON Secures World's First UL Safety Certification for Liquid Cooling System for EV Charging Stations

The company's liquid cooling system allows it to deploy up to a 1 MW charger to charge a 100 kWh battery in 6 minutes, helping EV infrastructure companies to meet their goals of safely delivering higher power and faster charging. TAIPEI, June 10, 2025 /CNW/ -- As charging times continue to pose challenges for EV adoption, SINBON Electronics Co., Ltd. (TWSE#:3023), a leading electronics system integrator, is announcing its proprietary liquid cooling system has secured the world's first UL safety certification for liquid cooling system of EV charging stations. "As extreme fast charging (XFC) becomes the future of the EV industry, advanced liquid cooling systems like SINBON's are reducing charging times, improving energy efficiency, ensuring longevity of charging equipment," commented Hanson Zhou, R&D Manager at SINBON. "This milestone demonstrates how SINBON's technological innovation and commitment to excellence continue to expand possibilities for the EV industry." The potential of liquid cooling for EV charging stations As EV adoption accelerates, the demand for faster, more efficient charging solutions is growing. Liquid cooling is emerging as a critical enabler of extreme fast charging (XFC), which greatly reduces charging times, making electrification more viable for both consumers and commercial fleets. Liquid cooling system like SINBON's addresses several key industry challenges: Reduced charging times: By enabling higher power delivery, liquid cooling system significantly shortens EV charging durations — ideal for EV drivers and essential for commercial applications like electrified long-haul freight trucks. Enhanced energy efficiency: The system minimizes heat buildup in cables, reducing energy loss and improving overall system performance. Lighter, more flexible cables: Liquid cooling allows for thinner, more manageable cables without compromising safety or performance. Thermal stability: This system also maintains optimal temperatures, ensuring consistent power delivery and safe operation. A milestone in safety and innovation SINBON recently secured UL certification, marking a significant achievement for the company's EV solutions, affirming the safety, reliability, and performance of its liquid cooling system. A globally recognized safety authority, UL rigorously scrutinizes products across design, materials, manufacturing, and performance. This certification also illustrates SINBON's leadership in R&D and its commitment to setting new industry standards. Pushing the boundaries of charging power SINBON's charging solutions powered by its cutting-edge liquid cooling system can deliver up to 1 Megawatt (MW; 1000A at 1000V), enabling ultra-fast charging scenarios: 6-minute charge: At 1 MW power load, a 100 kWh battery can be charged in just six minutes. Cross-standard support: SINBON works with all major charging standards, including NACS DC, CCS1, CCS2, and MCS. SINBON's advantages in liquid cooling The company's liquid cooling system is engineered for versatility and durability: Innovative split design: Unlike traditional integrated designs, SINBON's split design enhances flexibility and maintenance Extreme environmental resistance: Operates reliably in harsh conditions, including temperatures as low as -40°C—ideal for rugged EV deployments Rapid, even heat dissipation: Effectively removes heat from charging components, maintaining system integrity Rigorous testing: Extensively tested, particularly with SINBON's own charging cables to ensure seamless performance and integration Support for multiple coolants: Compatible with both water-based and oil-based coolants About SINBON Electronics Established in 1989 in Taiwan, SINBON Electronics is a leading provider of integrated design and production services for bespoke interconnect solutions. Driven by a commitment to customer centricity and the principles of ESG, the company offers a wide range of products and OEM/ODM services that ensure reliability and efficiency, combining extensive engineering expertise, industry knowledge, and leading innovations to customize solutions for long-term customer success. SINBON has a global footprint, with operations in Taiwan, China, Japan, the United Kingdom, Germany, Hungary, and the United States.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store