Range Rover’s first EV has finally launched in the U.S., combining 542 horsepower, a 118.5-kWh battery, and serious off-road capability.

Range Rover has officially entered the electric era.

The 2027 Range Rover Electric arrives in the U.S. with the EV550 First Edition, carrying a starting price of $179,150 including destination.

The launch comes about a year later than originally expected.

542 HP From Two Electric Motors

The Range Rover Electric uses two JLR-developed 260-kW electric motors, delivering up to 542 horsepower and 627 lb-ft of torque.

The 2027 Range Rover Electric delivers up to 542 horsepower and 627 lb-ft of torque.

The SUV is powered by a 118.5-kWh battery operating on an 800-volt electrical architecture.

European WLTP testing gives the Range Rover Electric a maximum range of 372 miles.

Fast Charging and Tesla Supercharger Access

Range Rover says the battery can charge from 10% to 80% in about 22 minutes using a suitable DC fast charger.

The system can also potentially add around 137 miles of range in 10 minutes.

The Range Rover Electric uses an 800-volt battery system and will be compatible with Tesla Superchargers in North America.

U.S. models feature the North American Charging Standard (NACS) connector, allowing owners to use the Tesla Supercharger network.

The model will initially be sold in the U.K., Europe, and the United States.

Serious Off-Road Capability

Going electric has not changed the Range Rover’s focus on off-road performance.

JLR says its traction-management system can react in as little as 50 milliseconds, allowing the electric powertrain to respond rapidly to wheel slip.

The SUV can also wade through 35.4 inches of water.

The Range Rover Electric can wade through 35.4 inches of water while retaining its off-road focus.

Single-pedal driving can help the SUV climb slopes of up to 45 degrees, while its lower center of gravity and twin-chamber air suspension are designed to improve stability and ride quality.

JLR says the electric Range Rover underwent more than 250,000 hours of virtual testing and accumulated the equivalent of 38 trips around the world during development.

The 2027 Range Rover Electric is being built at Solihull, the historic home of the Range Rover, where JLR has also trained thousands of employees for the company’s move toward electrification.

The Vietnamese electric taxi operator is targeting the U.S., Sweden, and the Netherlands ahead of a planned 2028 Hong Kong IPO.

Green and Smart Mobility, better known as GSM, is preparing for a major international expansion.

The Vietnamese electric taxi company, which is closely linked to VinFast, plans to enter the United States, Sweden, and the Netherlands by the end of 2026, with additional European markets targeted for 2027.

The expansion is part of GSM’s preparations for a planned Hong Kong IPO in 2028.

GSM Targets the U.S. and Europe

GSM launched in Vietnam in 2023 and quickly gained market share using fleets made up exclusively of VinFast electric vehicles.

The company recently expanded into Denmark and now wants to establish a larger presence overseas.

GSM plans to deploy company-owned electric taxi fleets in the U.S., Sweden, and the Netherlands.

Initially, GSM expects to operate its own vehicles with employed drivers in the U.S. and European Union.

The company eventually plans to move toward a platform model that could incorporate independent drivers and partners.

A Capital-Heavy Business Model

GSM’s approach differs from companies such as Uber and Grab, which largely rely on drivers who provide their own vehicles.

GSM instead purchases VinFast vehicles at discounted prices and operates fleets with company-employed drivers.

GSM operates company-owned electric vehicles, creating a more capital-intensive model than traditional ride-hailing platforms.

The company has said it plans to purchase 1 million VinFast vehicles between 2026 and 2030.

However, analysts have warned that maintaining company-owned fleets across multiple international markets could require substantial external financing unless vehicle utilization and operating cash flow improve.

GSM is also shifting toward a hybrid operating model in Vietnam, where around 40% of vehicles on its platform are currently company-owned.

Expansion Comes Ahead of the IPO

GSM has not disclosed its targeted valuation or fundraising amount for the planned Hong Kong listing.

Its advisers have previously suggested a valuation of around $20 billion.

GSM is targeting a 2028 Hong Kong IPO as it expands its electric taxi operations internationally.

The company remains closely connected to VinFast, whose CEO Pham Nhat Vuong and his family own GSM.

VinFast sold nearly 200,000 vehicles in 2025, with around 11% sold overseas.

GSM’s share of VinFast’s vehicle sales has declined from much higher levels in previous years but is expected to remain above 20% in the coming years.

The challenge for GSM electric taxi expansion will be proving that its company-owned fleet model can achieve enough utilization in new markets to support the costs of international growth.

Kia America sold 83,793 vehicles in August, setting a new monthly sales record as hybrid and electrified models delivered major gains.

Kia America delivered its best month ever in August 2026.

The automaker sold 83,793 vehicles, up 1% from August 2025 and enough to set a new all-time monthly sales record.

Retail sales also reached a record for August at 77,984 units.

Hybrid Sales Nearly Double

Kia’s electrified lineup was a major driver of the record result.

Hybrid sales jumped 99% year over year, while total electrified vehicle sales increased 36%.

Kia sold a record 83,793 vehicles in August, with hybrid models driving a major portion of the growth.

For the first eight months of 2026, Kia sold 590,377 vehicles, an all-time high and a 3% increase from the same period last year.

Retail sales also climbed 3% to 543,085 units.

Six Models Set August Records

Six major Kia nameplates achieved their best-ever August sales.

The Seltos led the growth with a 53% increase, while Carnival sales climbed 13%.

K4 sales rose 7%, while Telluride, Sportage, and K5 each increased 4%.

The Seltos, Sportage, Telluride, Carnival, K4, and K5 all posted record August sales.

Several hybrid models also reached new August records.

Sportage Hybrid sales increased 40%, Sorento Hybrid rose 22%, and Carnival Hybrid gained 15%.

The Sportage was Kia’s strongest seller in August with 18,723 units, followed by the Telluride with 12,693 and the K4 with 12,881.

EV3 Expands Kia’s Electric Lineup

Kia also announced pricing for the new 2027 EV3, which starts at $29,890 before destination.

The compact electric SUV offers up to an EPA-estimated 321 miles of range, depending on configuration.

The 2027 Kia EV3 starts at $29,890 and offers up to 321 miles of EPA-estimated range.

Kia also announced pricing for the 2027 Sportage and refreshed Niro.

The new Niro starts at $29,890 and will be offered exclusively as a hybrid, while the gas-powered Sportage starts at $28,990.

With record overall sales and rapidly growing hybrid demand, Kia August 2026 sales show strong momentum heading into the final months of the year.