After topping Hyundai in European sales last year, Kia expects a “bumpy trajectory of EV sales” in Europe. A part of this is due to its new EV3, launched in Korea last month for just over $30,000.

Kia introduced its new EV3 compact electric SUV on Thursday. The EV3 will be available with an 81.4 kWh battery pack, which helps it achieve 373 miles of range. The EV3 will go on sales in South Korea ...