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Mobility
Kia EV3 tops German EV comparison test, beating Renault and BYD
Kia\'s EV3 scored highest in a German electric-vehicle comparison test, beating Renault\'s 4 E-Tech and BYD\'s Atto 2, a report said. Five electric crossovers were assessed across five categories including space, comfort, powertrain, driving performance and cost efficiency. The EV3 recorded the longest real-world range at 335 km. Kia is preparing a U.S. launch, with sales planned as a 2027 model year vehicle in late 2026.
Industry
Tesla Model S heads for phase-out after 14 years
Tesla is moving to effectively wrap up production of its flagship electric sedan, the Model S, ending a 14-year run. The Model S is seen as more than a luxury EV, changing consumer expectations for electric cars and the wider auto market. Launched in 2012 with an 85 kWh battery and an EPA range of up to 265 miles, it highlighted long-distance EV capability despite limited charging infrastructure at the time.
Mobility
EVs post highest five-year depreciation at 57 percent; hybrids differ
Electric vehicles depreciate much faster than internal combustion cars, with a five-year average value loss of 57.2 percent, InsideEV reported, citing iSeeCars research. That compares with 41.8 percent for all cars. Hybrids had the lowest five-year depreciation at 35.4 percent. EVs made up half of the 10 fastest-depreciating models and none of the 25 slowest. Some models, including the Volkswagen ID.4 and Nissan Leaf, showed steeper declines.