Wednesday, October 5, 2022
News Kia Plans Seven Dedicated EVs by 2026, First Next Year

Kia Plans Seven Dedicated EVs by 2026, First Next Year

Kia launches new Plan S for EVs

  • Automaker expects gas-levels of EV profits by 2025

  • Wants 11 new EVs by 2026


Kia has just unveiled its new roadmap for the automaker’s move from gas to electric over the rest of this decade. That means a complete lineup of electrics including its first purpose-built EV set to arrive next year as part of Plan S.

“Kia is being reborn in 2021 with a new logo, new design, and new corporate name,” said company president Ho Sung Song. “Kia will transform into a brand that excites and inspires customers with innovative mobility experiences.”

Song said that Plan S would have three pillars as part of the automaker’s transformation. Advancing EV transition, adding more purpose-built vehicles (PBV), and expanding future mobility services.

To that first goal, the brand is working to see 40 percent of its sales electrified, be it EV, PHEV, or plain hybrid, bu 2030. That’s 1.6 million units. It hopes for half of those to be pure EVs in the same timeframe or 880,000 units globally.

11 new EV models are planned by 2026, which Kia calls a complete model lineup. Of those, seven will be dedicated electrics (rather than based on gas models like the Kia Soul EV) based on the Hyundai Group’s E-GMP architecture and the other four will be based on existing ICE vehicles. Kia says it expects the first dedicated EV will be profitable and that EVs will hit conventional vehicle profit levels by 2025.

Kia says that its E-GMP vehicles will have expanded feature on demand and over the air services. The first is set to be unveiled next year, codenamed CV, and will have Level 2 advanced driver assistance. In 2023, Kia’s EVs will get a new Highway Driving Pilot system which the brand calls “a crucial autonomous driving Level 3 development.”

The PBV business is vehicles designed just for one function, rather than general automotive use. Think parcel delivery or even inter-factory transport. Kia hopes to sell 1 million of these a year by 2030, built on a new dedicated skateboard platform.

Lastly, Kia will expand mobility services including its Kia Flex subscription package, which will be launched globally this year with a new name and operated by rental car and leasing firm Sixt. It will also expand car-sharing services to additional European markets.

 

Trending Now

The Cadillac Lyriq has Begun Making its Way to US Buyers

Cadillac has confirmed that 36 deliveries took place in the last quarter The Lyriq is the brand’s first electric vehicle and only the...

Valérie Limoges Makes History in the Nissan Sentra Cup

For the first time in Canadian racing history, a female driver has clinched a class title in Canadian road racing. When Quebec’s Valérie Limoges and...

Nissan and NISMO Introduce Track-Ready Nissan Z GT4

The Nismo GT4 is a track-only car. It is fully tuned for severe competition use. The new Nissan Z is showing well so far,...

Already Almost Three Completed Lordstown Endurance Pickups

Lordstown Motors has just announced that production of its fully electric pickup truck has begun. In fact, the American manufacturer, which has taken up...

Hennessey Performance Unleashes the Velociraptor 500 Bronco

  Just when you thought the Ford Bronco couldn't get any more badass, Hennessey Performance goes and reveals its latest creation - the VelociRaptor 500...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.