Kia India plans to make affordable EVs available in India by 2025

Kia India has had a strong start in India, with the highest-ever monthly sales of 28,634 units in January 2023. At the recently concluded 2023 Auto Expo the South Korean automaker announces its plans for India based on the country’s response to EVs and the changing mobility climate. Kia discussed on an upcoming mass-market EV that is currently being developed, Kia’s new Purpose-Built-Vehicles (PBV) business, and why a hybrid model is not in the works.

Kia India plans to invest Rs 2,000 crore in the country, primarily for EV-related R&D, manufacturing, and charging infrastructure development, as announced in January 2023. Brar confirmed that the investment will be part of the government’s Production Linked Incentive (PLI) scheme and will be used to develop an India-centric EV.

The mass-market EV will be manufactured at Kia India’s existing plant in Anantapur, Andhra Pradesh.

Kia
credit: timesofindia

The plant is ready for electric vehicle production and has already exceeded its installed capacity of 3 lakh vehicles per year. Kia intends to increase production capacity further by improving efficiency, and the company has recently added a third shift to the production lines.

- Advertisement -

Kia India appears to be working on PBVs for use in public service applications such as the police and medical sectors. In this regard, attendees at the recent Auto Expo got a look at a couple of Kia Carens MPVs designed for law enforcement and ambulance use. Kia’s PBV business isn’t just focused on India; the company aspires to be the global leader in PBVs by 2030.

Also Read:

Source

Subscribe

Related articles

Tata Curvv EV’s interior was leaked before its official launch

Tata Motors has unveiled yet another teaser for the...

India’s Top 10 Electric Vehicles (EVs) Under Rs. 20.0 Lakh

The electric vehicle (EV) market is expanding rather well,...

MG Cloud EV Spied Again: Up to 460 km of claimed range

MG Motor plans to increase the range of its...

Kia EV6 is currently offered on lease for Rs. 1.29 lakh per month

Under its auto leasing program, Kia India will now...

Electric two-wheeler Sales as of June 2024

June 2024 witnessed a notable increase in the sales...

LEAVE A REPLY

Please enter your comment!
Please enter your name here