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Kia to invest Rs 2,000 crore in India for EV expansion over four years.<br>Kia to debut EV9 in 2024 and EV5 in 2025.<br>Kia secures trademarks for eight new EV names in India.
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Kia Cars Electric Plans in India Kia to invest Rs 2,000 crore in India for EV expansion over four years. Kia to debut EV9 in 2024 and EV5 in 2025. Kia secures trademarks for eight new EV names in India. The automotive industry is currently undergoing a monumental transformation towards more sustainable and eco-friendly transportation solutions. Leading this charge is Kia Cars, the renowned South Korean automaker celebrated for its innovative and stylish vehicles. Kia Motors has embarked on an impressive journey to transition its vehicle lineup towards electric vehicles (EVs), a shift that underscores the company's commitment to sustainability and cutting-edge technology. India celebrated as one of the world's most prominent automotive markets, is now at the forefront of Kia's ambitious electric vehicle strategy. The company is actively propelling its electric vision across the Indian subcontinent, achieving significant milestones. What's more, Kia India has committed to a substantial investment of Rs. 2,000 crores over the next four years to bolster its presence in the electric vehicle segment. This significant financial commitment will encompass various aspects, including manufacturing and infrastructure development for EVs within the 2023-2027 timeframe. Notably, Kia plans to introduce made-in-India electric vehicles to the Indian market by 2025, solidifying its dedication to the nation's electrified automotive future. In this article, we will dissect how Kia is carefully and strategically shaping its electric future in India, providing insights into its electric vehicle portfolio and the overarching vision that aims to pave the way for a greener and more sustainable automotive landscape in the country. 1- Kia 2.0 strategy for India
Kia India's transformative initiative, dubbed "Kia 2.0," aims for an ambitious 10 percent market share in India's fiercely competitive automotive market in the coming years. Within this strategy, Kia plans to expand its model lineup, introducing premium offerings like the EV9. Kia's approach includes a top-down electric vehicle strategy in India, positioning the Kia EV9 and Kia EV6 at the premium segment of the EV market, while a new made-in-India, mass-market EV is expected to arrive in showrooms by 2025. 2- Kia Registers 8 New EV Names in India Kia has recently trademarked eight EV model names in India, spanning from EV1 to flagship EV9. These names hint at Kia's comprehensive plan to potentially introduce its entire EV lineup in the Indian market. The nomenclature follows a size and positioning structure, with EV1 signifying the entry-level model and EV9 as the flagship offering. 3- Kia electric vehicle in India
Currently, Kia's sole electric offering in the country is the KV6, introduced in June 2022. The Kia EV6 has made its way to the Indian market via the CBU (Completely Built-Up) route. Remarkably, the company has surpassed its initial target of 100 units, with a total of 432 units delivered by April 2023, exceeding expectations by over fourfold. The Kia EV6 is a state-of-the-art electric vehicle that harmonizes sustainability, innovation, and high performance. With its futuristic design, this electric crossover delivers an exceptional driving experience, thanks to its potent electric motors that offer thrilling acceleration. Inside, its tech-savvy interior showcases intelligent features and advanced infotainment, complemented by a suite of driver-assist technologies. Coupled with an impressive electric range and rapid charging capabilities, the Kia EV6 stands as a symbol of Kia's dedication to driving the future of eco-friendly mobility. The Kia EV6 carries a price tag of Rs 60.95 lakh (ex-showroom, India). It is equipped with a permanent magnet synchronous motor and a 77.4 kWh lithium-ion battery pack, providing an impressive maximum range of 528 km (WLTP cycle). Read Also: Kia Sonet - A Well-Rounded Sub-Compact SUV 4- Upcoming Kia EVs in India * Kia EV9 Kia showcased the concept version of the EV9 at Auto Expo 2023, and the production ready EV9 made its global debut in March 2023. Kia is set to introduce its flagship electric SUV, the EV9, in India next year, becoming the brand's most premium offering in the country. The international EV9 lineup includes three powertrain options: the EV9 RWD with a 76.1kWh battery, the long-range EV9 RWD with a 99.8kWh battery, and the high-performance EV9 AWD featuring dual electric motors.
* Kia EV5 Rumor has it that following the EV9's launch, Kia is considering introducing the EV5 to the Indian market. Notably, Kia unveiled the production ready EV5 on October 12, 2023, marking it as Kia's inaugural EV day. Drawing design inspiration from the EV9 SUV, the EV5 offers two battery pack choices and comes with three distinct powertrain options. Additionally, it features a dual-integrated 12.3-inch display setup, cutting-edge vehicle- to-load (V2L) capability, and advanced ADAS (Advanced Driver Assistance Systems) technology. Original Content Source Thank you