New Delhi 6 hours ago
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Kia plans to become a leader in the EV market, given the rapidly growing global consumer demand for EVs
- The company will earn 25% of its worldwide sales by electric vehicles by 2029
- Kia Motors to partner with EV charging companies worldwide
South Korean car company Kia Motors, which has strengthened its roots in the country and the world, is now ready to enter electric cars too. According to reports, Kia Motors has announced its global EV strategy. It will launch 7 new BEVs (battery electric vehicles) by 2027. That is, every year the company will bring a new EV.
The first of these 7 BEVs is said to be the code-name CV of the car, which can be launched in 2021. This car will be equipped with many great features such as excellent quality driving and recharging. Kia Motors president and CEO, Ho Sung Song, said the company aims to generate 25 percent of its worldwide sales by electric vehicles by 2029. He announced the EV plan at the Hwasung plant in South Korea.
Will partner with many companies
Kia plans to become a leader in the EV market, given the rapidly growing global consumer demand for EVs. Kia Motors will launch a large range of BEVs worldwide, as well as partner with EV charging companies worldwide. Thereby meeting the goal of becoming a leading brand in the EV sector.
First model will be introduced in 2021
Kia's Plan S strategy includes expanding its electric car portfolio by 2025. The company aims to make EVs 20 percent of the total sales of its flagship vehicles in North America and Europe, including Korea. The first of the 7 models to be introduced in the Kia CV 2021 will be offered as the brand's first electric car based on the BEV platform.