June 14: Kia is making a big step in the Indian market. The South Korean car manufacturer revealed that it will be entering the e-car space in the coming years, and the models will be built in India.
The revelation was made during the Auto Expo 2018, where Kia detailed its plans for the Indian market. The company will be rolling out a compact SUV based on the SUV concept along with two other models. Apart from that, Kia will also be steeping on to the electric vehicle domain by launching an India-specific EV.
The EV, which will be built in India, will make its debut by 2021 as per the plans. The Kia EV will be built at the Anantpur plant in Andhra Pradesh. Kia is also planning to launch its unrevealed two models in the same year. The company will be gauging public and dealer reactions to their product line-up, based on which the company will be updating its portfolio for 2021.
The EV move comes under the global target set by the company to build 16EVs by 2025. These would also include hybrids and fuel-cell vehicles.
Currently, the electric vehicle market in India is void of any tough competition, and is being pioneered by Tata and Mahindra. Kia is hoping to take over the control by being the dominant name in the Indian e-vehicle space. The company could face more competition by the time it comes up with the EV, as other manufacturers including Maruti-Suzuki will be updating its EV portfolio in the coming time.