Kia’s New EV Will Run 500 Kms On 20 Mins Charge; Will Invest Rs 1.75 Lakh Crore In Electric Cars!
Having successfully landed in India in 2019, Kia’s penetration of the world’s fourth-largest auto market will continue. The 2nd largest South Korean automobile company has just announced its new strategy to venture into electric mobility, dubbing the plan as ‘PLAN S.’
As per reports coming in, Kia plans to launch its first dedicated EV model by 2021 Imagine by Kia EV as well as by establishing a company-wide innovation system.
The company’s future plans targets launching 11 EV’s by 2025.
The EV model’s line-up along the way will include SUVs, MPVs and passenger vehicles by 2022!
What to expect from KIA’s EV?
The new EV will offer a range of 500kms with fast charging time of less than 20 minutes. This will become one of the fastest charging EVs in India.
- The KIA EVs will offer dual charging capabilities including either 400V or 800V electrical systems.
- High-performance dedicated and derivative models with reasonable pricing — to meet the diverse needs of customers. As per some reports, Kia’s new EV called Soul (which will be launched in the US this year) will compete against Hyundai Kona, which is priced at Rs 27 lakh. Hence, we can assume that Kia’s new EV will be priced along the same lines in India as well.
- Design made to accommodate the car’s EV powertrain and technologies. and a future oriented user experience.
Kia’s Aggresive Plans For EV Mobility
Kia is expected to invest $25 billion in Plan S, by the end of 2025 to establish leadership in EVs and diversify its business. Kia hopes that its EV lineup will amount to 20%of its total sales by 2025.
The major cities experiencing the adverse effects of climate change and supporting vehicle electrification, Kia is set to collaborate with the local Mobility Hubs to install EV charging stations, vehicle maintenance centres and various convenience facilities.
In the far future, Kia plans to operate self-driving robotaxis and on-demand roboshuttles in urban locations that also operate the Mobility Hubs.
As per Kia’s investments in Rimac, it is probable that some of its latest EV technology will come from the Croatian company as well.
The Indian automobile companies like TATA Motors and Mahindra setting foot in electrical mobility to prepare for a fierce competition from KIA.
According to reports, India is expected to be a part of the Kia’s new plan. Gear up to see them in the Indian market real soon.