The automaker invests $758 million in a new BEV production plant. Kia is shifting its EV strategy into a higher gear with a major announcement of a new production plant, which will be located in the Gyeonggi Province in South Korea. While the $758 million (1 trillion won) investment is surely very important, there’s another […]
Kia hikes 2030 EV sales goal to 1.6 million, will make small EVs in India – EQ Mag
Ho Sung Song declared yesterday that the manufacturer would speed up its efforts to establish itself as an “EV tier 1 brand.” Kia updated its EV plan on Wednesday, April 5, at its CEO investor day 2023 in Seoul, Korea. The automaker asserted that its new target goal for EV sales by 2023 is 1.6 […]
Tata Motors, Kia, Hyundai Expect Sales Momentum To Continue In 2023 – EQ Mag
Tata Motors’ passenger vehicle sales outpaced industry growth last year to cross the five lakh units mark. Tata Motors, Kia India and Hyundai are expecting sales momentum to continue this year as well after witnessing robust growth in dispatches to dealers in the last year while pressure remains of a high base effect, inflation and […]
Kia sees affordable electric vehicles revving up India sales by 5X in 3 years – EQ Mag
South Korea’s Kia Corp. expects sales of electric passenger vehicles in India to develop 5 instances in the subsequent three years, as auto makers launch a number of merchandise on the affordable finish of the market. Kia India’s managing director, Tae-jin Park, instructed ET that acceptance of electric vehicles (EVs) in the nation has been […]
Kia installs India’s first and fastest 240 kWh EV charger – EQ Mag Pro
Kia India today inaugurated the country’s first 240 kWh electric vehicle charging station, which is also India’s fastest. With this, Incheon Kia, Kochi has become the first dealership to host the fastest DC charger for EV passenger vehicles with 240 kWh capacity. The fast EV charger comes as part of Kia’s efforts into building a […]
Kia India forays into EV segment, drives in EV6 priced at Rs 59.95 lakh
Kia India on Thursday forayed into the electric vehicle segment in the country with the launch of EV6, priced at Rs 59.95 lakh (ex-showroom). Kia India on Thursday forayed into the electric vehicle segment in the country with the launch of EV6, priced at Rs 59.95 lakh (ex-showroom). Built on a dedicated EV platform — […]
Kia to invest over Rs 2,000 crore in India market for electrics
NEW DELHI : Korean carmaker Kia has said that it will invest over Rs 2,000 crore in India for making electric cars and set up a battery manufacturing facility as the company drives in green cars in line with the government’s focus on sustainable mobility. The company said it will drive in a locally built […]
Hyundai, Kia to invest $16.5 billion to boost production of electric vehicles – EQ Mag Pro
SEOUL : Hyundai Motor, South Korea’s largest automaker, announced plans to invest $16.5 billion through 2030 to expand its electric vehicle business, along with its sister company Kia. Through the investment, the Seoul-based company said Wednesday it would be able to produce 1.44 million units of electric cars a year by 2030 in South Korea […]
Kia to drive in EV6 electric crossover in India; bookings open next month – EQ Mag Pro
“We are embarking on the next level Kia experience in India. We are launching our most celebrated EV globally, the EV6 – a true game-changer, designed from the ground up to make electric mobility fun, convenient, and accessible by combining a highly impressive real-world driving range, ultra-fast charging capabilities, a spacious high-tech interior,” Kia India […]
Kia plans to announce EV strategy for Indian market next year – EQ Mag Pro
Kia has sold over 3.5 lakh units in the country till date and is now inching towards the 4 lakh cumulative sales mark. South Korean automaker Kia plans to come out with a detailed strategy on electric vehicles for the Indian market next year, a senior company official said on Thursday. The company, which unveiled […]