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Bonus Episode: Kia’s Russell Wager on EV3, Seltos hybrid and multi-powertrain strategy

Bonus Episode: Kia’s Russell Wager on EV3, Seltos hybrid and multi-powertrain strategy

Automotive News Daily Drive Apr 12, 2026 14 min
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About this episode

Kia marketing VP Russell Wager breaks down the brand’s multi-powertrain push, spotlighting the upcoming U.S. EV3 compact electric SUV and the redesigned 2025 Kia Seltos adding a hybrid for the first time. With EV adoption down to about 4% globally and U.S. gas averaging over $4, Wager argues affordability and “choice across the electrification spectrum” matter more than ever. He also discusses targeted EV3 launch tactics, hybrid positioning, and how certified used EVs from off-lease returns can serve as a lower-cost entry point—while managing the new-vs-used pricing gap after tax credits.

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Technical Too Afraid to Ask
Company

Cox Automotive

"Experience more with the Auto by Cox Automotive. Hey, this is daily drive executive producer Jake Nier in Detroit."

Cox Automotive is a company that helps car sellers with software and data. They help dealers figure out pricing and manage inventory so cars get sold faster.

Car

Kia EV3

"At the New York International Auto Show earlier this month, Kia confirmed two major product announcements, the EV3 Compact Electric SUV is coming to the U.S. and the redesigned Celtos will offer a hybrid powertrain for the first time."

The Kia EV3 is a small electric SUV. Kia is bringing it to the U.S., which could make EVs feel more affordable for more people.

Concept

hybrid powertrain

"the EV3 Compact Electric SUV is coming to the U.S. and the redesigned Celtos will offer a hybrid powertrain for the first time. Our own Lindsey Van Holy spoke with Russell Wager, Kia's vice president of marketing, about these announcements, the brand's multi-power train strategy, and what rising gas prices mean for EV and hybrid demand."

A hybrid uses a gas engine and an electric motor together. It can save fuel and reduce emissions, and you don’t have to plug it in like an all-electric car.

Concept

electrification spectrum

"Today we're bringing you that conversation with Wager, who explains how Kia is giving customers more choices across the electrification spectrum. Russell Wager, welcome to daily drive."

The electrification spectrum means there are different levels of electric help in cars. Some are hybrids, and some are fully electric—Kia wants to offer choices for all of them.

Car

EV9

"We've already got EV6, we got EV9, we brought that manufacturing to West Point, Georgia. So that's a commitment."

The Kia EV9 is a bigger electric SUV, meant for families. Kia is using it as part of a lineup strategy that includes smaller EVs too.

Car

EV6

"Yeah, so it shows to everybody that we are committed to the electric market. We've already got EV6, we got EV9, we brought that manufacturing to West Point, Georgia."

The Kia EV6 is one of Kia’s current all-electric cars. Bringing up EV6 shows Kia already has EV experience and is expanding it with new models like the EV3.

Concept

manufacturing to West Point, Georgia

"We've already got EV6, we got EV9, we brought that manufacturing to West Point, Georgia. So that's a commitment."

West Point, Georgia is where Kia has expanded EV production capacity. Local manufacturing can reduce logistics costs, support faster scaling, and improve supply reliability for new EV models.

Concept

entry point for people that want to get into the EVs

"So we see it as an entry point for people that want to get into the EVs and maybe eventually move up and throughout through others."

They’re talking about making EVs easier to start with. A cheaper EV can get more people to try electric cars, and then they might buy a bigger or more expensive one later.

Concept

most attainable electric model in the lineup

"I know the pricing is not announced yet but the announcement said that it's going to be the most attainable electric model in the lineup."

They’re describing the EV3 as the easiest EV in their lineup to afford. It’s meant to attract buyers who might not be able to pay for the more expensive EVs.

Concept

tax credit

"Talk about that I guess and the importance of that, especially now without the tax credit that has helped offset some of that purchase price up front."

They’re talking about government incentives that can lower the price of an EV at purchase time. If that help goes away, the car’s sticker price matters even more to buyers.

Concept

consideration list

"So now they can put it on the consideration list of like, hey, I was thinking about it but I can't find something that I want."

The speaker uses “consideration list” in a marketing funnel sense: moving a vehicle into the set of models a buyer actively compares. Lower price and SUV practicality help shift EV3 from “interesting” to “actually on the shortlist.”

Concept

SUV

"It's an SUV so it gives people that want an SUV but now they have the option on the EV side. It helps complete the choice that people have in our lineup."

The discussion highlights that EV3 is an SUV, which matters because many buyers prefer the packaging, seating position, and perceived versatility of SUVs. The speaker frames EV3 as filling a gap for SUV shoppers who want an EV option.

Concept

market used to be 10% electric... now it's down to 4%

"And the market used to be 10% electric, right? Now it's down to 4%."

This is a demand/penetration snapshot: the share of new-car sales that are electric has fallen from about 10% to 4%. That context supports the argument that affordability and incentives are critical for sustaining EV growth.

Concept

ride and drive

"So we try to do a ride and drive so people can experience EVs, because there's still a lot of people that haven't, don't understand it."

A ride-and-drive is an automotive marketing event where potential customers can test-drive vehicles, often with staff and structured routes. It’s commonly used for EVs because hands-on experience helps people understand charging, acceleration feel, and everyday usability.

Concept

digital and social targeting

"we'll do a lot of digital and social targeting efforts so that we can talk to the right people that might be the best buyer for it."

This means using online ads and social media to show the message to the people most likely to want the car. Instead of advertising to everyone, they focus on the right group.

Concept

new powertrain in the hybrid

"So the really good thing we're excited about is we also brought a new powertrain in the hybrid,"

They’re saying the hybrid version is getting an updated power system. Hybrids use both a gas engine and an electric motor, and the update is meant to make it better and more appealing.

Concept

hybrid option

"right? So now it's in a gas and a hybrid. So again, choices. And it completes our SUV lineup that now if somebody's looking for a hybrid, they have Celtos, Sportage, Sorento, Telluride, all of them have a hybrid option, all of them have a gas option."

A hybrid car uses gas and electricity together. In this discussion, Kia is offering hybrids in several SUV models so more people can choose what fits their budget and driving needs.

Car

Telluride

"And it's got a great design that somebody that might want to Telluride but doesn't need three rows, this car looks like it belongs with Telluride, just a smaller version."

The Kia Telluride is Kia’s larger SUV, usually with three rows of seats. The speaker says a smaller model can still feel like it “belongs” in the Telluride family, but without needing three rows.

Concept

multi-powertrain strategy

"And now it has one, maybe it gets them to take a look. I think it does. It opens up to another audience in the segment, in addition to the gas audience. And we sold a little over 50,000, 50,000, 60,000 of them last year. With the next powertrain, we're looking to grow."

A multi-powertrain strategy means the company sells cars with different kinds of powertrains, like gas and hybrid. The idea is to reach more buyers as tastes and fuel prices change.

Concept

fragmented data

"Yet too often, inventory decisions are still made with fragmented data, disconnected tools and limited visibility into what's actually working."

Fragmented data means the dealership’s information is scattered in different places and not connected. That makes it harder to know what’s working, which can hurt ordering and pricing decisions.

Concept

managing it as a system

"The most successful dealerships are approaching inventory differently. They're managing it as a system, not a series of one-off decisions."

Managing inventory “as a system” means using an integrated approach—data, tools, pricing, sourcing, and forecasting—rather than treating each decision as a one-off. The speaker contrasts this with fragmented, reactive decision-making.

Term

demand signals

"They're looking at market data, demand signals, pricing and acquisition opportunities together, so every move is more informed and more intentional."

Demand signals are clues that people want to buy certain cars. Dealers and automakers use those clues to decide which vehicles to have and how to price them.

Concept

data-driven approach

"Learn how dealerships are rethinking inventory management with V-Auto and what a more confident, data-driven approach can do for your business."

A data-driven approach means using numbers and trends to make decisions. In car retail, that can help with pricing and choosing what cars to stock.

Part

front recovery tow hooks

"Tell Your Eye, first of all, the X-Pro version gas is doing great and we made it even more capable and gave it front recovery tow hooks and 9.1 ground clearance."

Front recovery tow hooks are strong pull points on the front of the car. They’re meant for getting the vehicle out of trouble (like mud or snow) using a recovery strap.

Term

ground clearance

"Tell Your Eye, first of all, the X-Pro version gas is doing great and we made it even more capable and gave it front recovery tow hooks and 9.1 ground clearance."

Ground clearance is how much space there is between the bottom of the car and the ground. More clearance can help when driving on rough roads or trails.

Term

fuel economy and range

"Most of the time are going for a hybrid because they want fuel economy and range."

Fuel economy means you use less fuel to go the same distance. Range is how far you can drive before you have to stop for gas.

Term

V6

"It has more than 70 horsepower than our outgoing V6 on our previous generation. It gets up to 35 miles per gallon, so there's no sacrificing in this one."

A V6 is a type of engine with six cylinders. They’re comparing the new hybrid to the older V6 version to explain what’s improved.

Term

HEV

"Besides the SUVs I talked about in the HEV, we've got the Carnival hybrid as well."

HEV means hybrid electric vehicle. It uses gas plus an electric system, and you usually don’t have to plug it in to charge the battery.

Concept

used EVs that are coming with a lot of the off-lease vehicles

"I'm thinking too about just the used EVs that are coming with a lot of the off-lease vehicles that are going to be returning to the market."

When leases end, the cars go back to the company and often get sold as used cars. That can make EVs easier to buy for people who were waiting for a better price.

Concept

entry point for customers

"Do you see an opportunity there as a brand to help as another entry point for customers?"

It means a first step that helps people try something new. Here, used EVs could be the first EV purchase for someone who hasn’t tried one before.

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