Internal-combustion vehicles made by Hyundai-Kia represented 8.9% of the global market in the first quarter of 2020. But the EVs it sells were 9.9% of the global electric-vehicle market. In other words, Hyundai could be the first legacy automaker that is now more competitive on EVs than with its gas- and diesel-powered cars.
kia Stories June 8
kia Stories May 13
kia Stories February 26
It’s been a couple of months since Kia’s South Korean headquarters released “Plan S,” the brand’s EV and mobility plan. That plan set a target of a half-million annual global EV sales by 2026 with a worldwide lineup of at least 11 all-electric models. Electrek checked in with Steve Kosowski, manager of long-range planning and strategy at Kia Motors America, to see where things stand for North America.
kia Stories January 15
Two weeks ago, the Hyundai Motor Group said it would invest $87 billion to produce 23 EVs by 2025, with about half of them as new, dedicated electric models. Kia filled in some of the details yesterday when CEO Han-woo Park presented the brand’s EV plans for the next five years or so. Kia says it will offer 11 EVs by 2025.
kia Stories January 2
Hyundai executive vice chairman Euisun Chung today kicked off 2020 by announcing an expanded output of electric vehicles and other advanced technologies. He said the group — which includes the Hyundai, Kia, and Genesis brands — will invest more than $87 billion to produce 23 EVs by 2025. However, details about a possible 11 new, dedicated electric vehicles remain murky.
kia Stories December 27, 2019
Kia Europe will meet the challenge of new EU emissions limits by doubling its EV sales next year, according to Emilio Herrera, COO for Kia Europe. He confirmed that the Imagine high-riding electric sedan will go into production in 2021. But the biggest obstacle for EVs is still affordability and profitability, especially for an all-electric version of the subcompacts popular in Europe.
kia Stories November 6, 2019
Kia has unveiled a new sleek-looking electric SUV concept, but it’s unfortunately not something you are likely ever going to see on the road. expand full story
kia Stories June 13, 2019
As a number of carmakers swap partners and make moves in the self-driving space, Hyundai Motor Group is strengthening its partnership with self-driving startup Aurora through a new investment that will be used to build a platform for the carmaker’s autonomous vehicles.
kia Stories May 14, 2019
Hyundai and Kia have been getting more serious about electric cars lately, with the new Kona, Niro and Soul EVs coming out all as good packages at reasonable prices. But none of these are performance monsters, moreso regular, everyday, utility cars.
That all seems to change starting today, as the two companies announced an 80 million Euro ($90m) investment into Rimac Automobili, the Croatian supercar maker behind the Rimac Concept_One and upcoming Concept_Two. The intent is to collaborate on the production of two high-performance electric sportscars, one of which will debut under Hyundai’s “N” brand and the other which will use fuel cell technology.
kia Stories March 19, 2019
Hyundai and Kia have invested $300 million in Ola, Uber’s main rival in India. The companies plan on building electric cars specifically for the Indian market.