Kia shows off EV5 in Toronto, a compact SUV for Canada but likely not the U.S.

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Kia shows off EV5 in Toronto, a compact SUV for Canada but likely not the U.S.
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Kia Canada says it hopes the EV5, which will arrive in Canada in early 2026, will ‘accelerate the adoption of EVs by overcoming the affordability barrier’

“For us, it’s a no-brainer – it’s the right car for our market,” said Elias El-Achhab, chief operating officer of Kia Canada Inc. “It’s the right size. It’s the right segment. It gives you all the utilitarian use that most families need in Canada, and it’s designed right and priced right and it has the right range. It’s the car for us, and it’s irrelevant what the U.S. does.”

Kia Canada says the EV5, which will arrive in Canada in early 2026, “is intended to accelerate the adoption of EVs by overcoming the affordability barrier that exists within the automative landscape.” In other words, it will be less expensive than current electric models. Even as Kia says it is “priced right,” it didn’t provide a price at its debut event.Mark Richardson/The Globe and Mail

“We’re expecting to be our main volume EV,” said El-Achhab, who added that the company is not deterred by the Canadian government’s recent cancellation of its“There are going to be some bumps in the road, but we can’t build a business plan based on government incentives,” he said. “We have to make sure we can make a go of it, regardless.”

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