- Kia Motors plans to launch four new models, including its upcoming SUV Seltos, in the next two years in India
- Kia is working on how to make low-cost EV and even considering to develop EV for Indian market together with Hyundai
- The present the cost of EV is very high, especially for the Indian market and without government support, it will be a big challenge to sell EVs in India
South Korean auto major Kia Motors Corporation is considering a low-cost electric vehicle (EV) for India in collaboration with group firm Hyundai Motors and wants personal usage for EVs to be included for government support under the FAME II scheme in India.
The company, which is a part of the Hyundai Motor Group, plans to launch four new models, including its upcoming SUV Seltos, in the next two years in India but said the low-cost EV would be a separate project.
Kia Motors Corporation President and CEO Han-Woo Park told PTI that they are still working on how to make low-cost EV and even considering to develop EV for Indian market together with Hyundai.
At the 2018 Auto Expo, Kia had announced that it planned to introduce a diverse range of vehicles in India, including an India exclusive compact electric vehicle between 2019 and 2021.
He said Kia Motors already has some products for hybrid, plug-in hybrid, electric vehicle and fuel cell vehicles which are being sold globally.
Hyundai, on the other hand, is gearing up to launch its electric SUV Kona in India next month. Park said that the present the cost of EV is very high, especially for the Indian market and without government support, it will be a big challenge to sell EVs in India.
