Kia launched an electric concept vehicle – announced an investment of Rs. 2 thousand crores…

by time news

Chennai: Kia Motors, which launched an electric concept vehicle at the Auto Expo, has also announced that it will invest Rs 2,000 crore in India.

Seoul-based automaker Kia showcased its all-electric SUV concept Kia EV9 and Kia KA4 MPV at the Auto Expo 2023 in India. Length, 2,055 mm Width, 1,790 mm height and 3,100 mm. It has a wheelbase.

It also announced plans to invest in India for EV-related R&D, manufacturing and infrastructure development. Accordingly, , has said that it will invest ₹2,000 crore over the next four years to increase its presence in the electric vehicle segment in India.

In a press release issued by Kia India, at the 16th edition of the Auto Expo, Kia India launched EV9, an electric SUV, and KA4, a luxury SUV with an innovative design. It has also announced an investment of Rs 2,000 crore in India for research and development, manufacturing and infrastructure related to electric vehicles. It also announced to enter the Purpose-Built Vehicles (PBV) segment to cater to the demand.

Dae-Jin Park, Managing Director and CEO, Kia India, said, ‘With the EV9, we have started our electrification journey in India. And with the KA4 we are introducing a safe vehicle with a large capacity. And we have once again successfully recognized the unmet need of the Indian market with purpose-built vehicles.

Likewise, the Kia KA4 is a luxurious large vehicle. Capable, safe and suitable for passenger and cargo loading. Remote Smart Parking Assist, Lane Following Assist, Forward Collision Avoidance Assist, Blind Spot Avoidance Assist, Dual Sunroof, Wireless Smart Charging are available.

At the Auto Expo, Kia showcased a police van and an ambulance based on its model Carens. The automaker unveiled the Kia Concept EV9 and Kia KA4 all-electric SUV concepts at the Auto Expo event.

“We feel that there is a huge market for globally purpose-built vehicles and we (Kia Global) aim to be global leaders in this particular segment by 2030,” he said, adding, “With the launch of the EV6, we began our electrification journey in India and today, with the launch of the EV9 concept. , presenting our vision of the future.

With the KA4, we want to showcase our strength in the popular UV segment,” noted Dae-Jin Park, Managing Director and CEO, Kia India.

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