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Hyundai Motor and Kia revamp R&D organization to make it more agile, flexible and independent like startups

Green Car Congress

Hyundai Motor Company and Kia Corporation are reorganizing their joint research and development (R&D) organization to be able to respond flexibly to the rapidly changing global automotive industry, advance the transition to electrification and accelerate the development of Software Defined Vehicles (SDVs).

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Kia starts building facility for electric purpose-built vehicle (PBV) production

Green Car Congress

Kia held a groundbreaking ceremony for its dedicated plant for the production of battery-electric purpose-built vehicles (PBV). Kia will invest around one trillion KRW (approximately US$758 million) to secure 99,000 acres of land, with the company planning to start mass-production in the second half of 2025.

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Kia targeting annual sales of 1.2M BEVs by 2030; 14 BEV models by 2027 including two electric pickup trucks

Green Car Congress

Kia Corporation described its roadmap to 2030 at the company’s 2022 CEO Investor Day virtual event. The roadmap builds on Kia’s successful Plan S strategy first announced in 2020. Kia also announced its four key business targets for 2030. Becoming the number one brand in the global purpose-built vehicle (PBV) market by 2030.

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Kia to establish its first electric PBV plant in Korea

Green Car Congress

Kia Corporation will establish a new manufacturing facility dedicated to producing electric Purpose Built Vehicles (PBVs). The intelligent new production hub for PBVs will be located within Kia’s existing Hwaseong manufacturing site in Korea. —Ho Sung Song, President and CEO of Kia Corporation.

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Kia Motors to launch 7 new BEVs by 2027; BEVs to account for 25% of Kia global vehicle sales by 2029

Green Car Congress

Kia Motors Corporation previewed its global electric vehicle (EV) business strategy; the brand will launch seven new dedicated BEVs by 2027 across several vehicle segments. Kia also released an early sketch of several of the brand’s future dedicated Battery Electric Vehicles (BEVs). —Ho Sung Song.

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Kia introduces 5th-generation Sportage SUV; gasoline, diesel, HEV, PHEV

Green Car Congress

Kia has presented the fifth-generation Kia Sportage SUV. Developed on a new architecture, the all-new Sportage will offer gasoline and diesel powertrains at market launch later this year, followed by hybrid-electric (HEV) and plug-in hybrid electric (PHEV) models. From launch, a 1.6-liter 265 N·m) torque.

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Hyundai and Kia make €100M strategic investment in Arrival to co-develop electric commercial vehicles

Green Car Congress

Hyundai Motor Company and Kia Motors Corporation today made a strategic investment of €100 million (US $110 million) in a new partnership with Arrival , a UK-based electric vehicle startup ( earlier post ). Of the total investment, Hyundai will contribute €80 million; Kia €20 million.

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