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Yahoo
25-05-2025
- Automotive
- Yahoo
Why Kia's PV5 Might Be the Most Versatile EV Yet
Kia is shaking up the electric van world with the all-new PV5, a modular EV designed for both businesses and everyday drivers who need space, flexibility, and efficiency. Unveiled at Kia's EV Day, this innovative vehicle caught the attention of the team at the Fully Charged Show, which highlighted its game-changing versatility. Unlike most electric vans, which are often just modified gas models, the PV5 is built from the ground up as an EV, giving it better space efficiency, smarter design, and a lower cost of ownership. Think of it as Kia's answer to the Volkswagen ID. Buzz, but with an even greater focus on practicality. Whether you need a cargo hauler, a roomy family van, or even a mobile workspace, the PV5's modular design makes it one of the most adaptable electric vehicles on the market. And with a starting price expected to undercut competitors, this could be the van that finally gives the commercial EV market the boost it needs. Let's take a closer look at why the PV5 is turning heads. The PV5 stands out with its boxy, functional design, optimized for both commercial and passenger use. Unlike the ID. Buzz, which leans more towards lifestyle applications, the PV5 is engineered with practicality at its core. Its modular architecture allows for various configurations, catering to diverse business needs. At launch, Kia plans to offer three primary body styles: Passenger, Cargo, and Chassis Cab. The Passenger version features a spacious interior with three rows of seats that can be adjusted or removed to accommodate different passenger or cargo requirements. The Cargo model is available in standard, long, and high-roof configurations, providing ample space for goods and equipment. The Chassis Cab variant offers a blank canvas for businesses to customize the rear section according to specific operational needs, such as refrigerated units or specialized equipment. Built on Kia's E-GMP.S platform—a derivative of the Electric Global Modular Platform—the PV5 benefits from a dedicated electric vehicle architecture. This design choice results in a low load floor, enhancing cargo capacity and ease of access. The flat platform also contributes to a more spacious interior, allowing for flexible seating and storage arrangements. The PV5 is equipped with a front-mounted electric motor producing 161 horsepower and 184 pound-feet of torque. Customers can choose between two nickel-manganese-cobalt (NCM) battery options: a 51.5-kWh pack and a 71.2-kWh pack. Additionally, the Cargo variant offers a 43.3-kWh lithium-iron-phosphate (LFP) battery option. The Passenger model with the 71.2-kWh battery boasts a range of up to 248 miles on the WLTP cycle, while the Cargo version offers a maximum cargo space of 5.1 cubic meters, accommodating two Euro-sized pallets. Kia claims that the PV5 can charge from 10% to 80% in approximately 30 minutes, enhancing its practicality for businesses requiring quick turnaround times. This rapid charging capability ensures minimal downtime, a crucial factor for commercial operations. One of the most compelling aspects of the PV5 is its competitive pricing. In Europe, the Cargo variant is expected to start between £25,000 and £30,000, significantly undercutting rivals like the Ford E-Transit Custom and Volkswagen ID. Buzz Cargo, which are priced higher. This aggressive pricing strategy positions the PV5 as an attractive option for businesses looking to transition to electric fleets without incurring substantial costs. Kia plans to expand the PV5 lineup with additional variants, including a wheelchair-accessible vehicle (WAV), a crew cab, and specialized configurations like freezer boxes and campers. These forthcoming versions will further enhance the PV5's appeal across various industries, from logistics to leisure. The PV5 is scheduled to launch in Korea and Europe in the second half of 2025, with other markets to follow in 2026. The Kia PV5 represents a significant advancement in the electric van market, offering a blend of versatility, practicality, and affordability. Its modular design and competitive pricing make it a game-changer for businesses and individuals seeking efficient and customizable electric transportation solutions.
Yahoo
11-02-2025
- Automotive
- Yahoo
Tesla's Elon Musk dilemma: Polarizing CEO's ‘political baggage' is now weighing on sales, brand loyalty, investor confidence, and its stock price
Tesla's brand favorability is at an all-time low, and Elon Musk's controversial views and actions are alienating core customers, particularly in environmentally conscious markets, warned Saxo Bank's global head of investment strategy. Tesla's stock is down by more than a quarter since its mid-December peak and is the worst performer among the Magnificent Seven. Elon Musk's politics risk becoming a millstone around the neck of Tesla as the $1.1 trillion company struggles to reignite the supercharged growth it enjoyed in the past. Late last month, Tesla promised vehicle sales this year would increase once more even though they suffered a historic decline in 2024. Notably, though, the company backed away from Musk's promise that volumes were set to rise by 20% at the bare minimum. With well over a quarter of its stock market value up in smoke since its mid-December peak, the company is pinning its hopes on its robotaxi pilot program slated for June that could finally see it deliver on a nearly decade-long promise that Teslas will drive themselves without human supervision. Shares once again dropped on Tuesday, declining 4% in the session. 'Tesla's biggest challenge in 2025 isn't technology—it's perception. Elon Musk's political baggage is now weighing on sales, brand loyalty, and investor confidence,' warned Jacob Falkencrone, global head of investment strategy at Saxo Bank, in a research note on Tuesday. Citing an analysis this week by Stifel that Tesla's net favorability rating has dropped to just 3%, its lowest ever, he warned the road ahead is filled with uncertainty. 'The company faces declining sales, increasing competition, and growing scrutiny of CEO Elon Musk, whose influence—once an undeniable asset—may now be doing more harm than good,' wrote Falkencrone. Already the stock is the worst performer among the Magnificent Seven, and more declines are possible, the Saxo Bank strategist warned. Amid a second straight year of double-digit profit declines, Tesla's stock price has paradoxically hit the eye-watering level of 90 times next year's earnings per share. For 2025, the multiple is even more egregious, well into the triple digits—four times as much as its Mag7 peers. Musk's politics first began to evolve in the aftermath of the first COVID lockdown wave, when he decided to move Tesla headquarters out of California following a notorious clash with local health authorities. But he only really became widely controversial in the aftermath of the Twitter acquisition in late 2022. He completed his political journey with his embrace not only of Donald Trump's MAGA base, but his full-throated endorsement of the far right in Europe, including Germany's AfD and English nationalists like Tommy Robinson. Following Musk's salute during the Trump inauguration, which many people said looked like the Nazi 'Sieg Heil' gesture, users review-bombed a video on the refreshed Model Y by the Fully Charged Show, calling Teslas 'SwastiCars' that can drive from Berlin to Warsaw on one charge—a reference to Adolf Hitler's blitzkrieg. Now, Musk's Dutch customers are debating whether they feel 'Tesla shame' while demand in Germany plummeted 60% in January, shrinking its share of the EV market from 23% two years ago to just 3.7% last month. The Tesla CEO has taken little notice of it. His exhortation late last month to far-right Germans, absolving them of any shame they might feel about Hitler, earned Musk a stinging rebuke from the director of Israel's Holocaust memorial museum. It's not just his politics that is causing people to rethink their opinion of the entrepreneur, either. Musk's antics themselves are increasingly being seen by those both on the left and the right quite simply as cringe. On Tuesday, for example, Musk demonstrated he's once more the biggest fan of himself. Posting under the avatar name 'Harry Bōlz,' he wrote: 'I need to meet this Elon guy. He sounds awesome,' after podcaster Joe Rogan effusively praised the entrepreneur. A number of Twitch streamers in the gaming community he sought to lure to X are now condemning the Tesla CEO after he admitted going on Rogan's show to lie about how good he was at video games, without so much as acknowledging it was wrong. 'Tesla's brand favorability is at an all-time low, and his polarizing views are alienating core customers, particularly in environmentally conscious markets,' Saxo Bank's Falkencrone added. Right now, the most robust source of demand for Tesla comes from the Far East, where censorship in the form of the Great Firewall of China ironically insulates consumers there from his recent behavior, as X is banned in the country. This story was originally featured on
