Kia Motors to Launch Seven New Electric Cars by 2027

Expanding its EV offerings to 11 models by 2025.

By
Automotive
2,005 Hypes 1 Comments

With more and more motorists turning to electric vehicles, South Korean automakers are now hoping to tap into the market. Just two weeks after Hyundai Motor Company announced that it would be building nine new EVs by as early as 2021, its subsidiary Kia Motors has now also revealed that it would be manufacturing seven different EV models over the next seven years leading up to 2027.

“Kia has sold more than 100,000 BEVs worldwide since the introduction of our first mass-produced BEV in 2011, the Kia Ray EV,” says the automaker’s CEO and president Ho Sung Song. “Since then, we have started to introduce a range of new BEVs for global markets and announced plans to accelerate this process in the years ahead. By refocusing our business on electrification, we are aiming for BEVs to account for 25 percent of our total worldwide sales by 2029.”

With these seven new cars, Kia is hoping to expand its EV line to 11 models by 2025, at the same time pushing for its EVs to contribute at least 20 percent of its total vehicle sales in the European, North American, and Korean markets.

Elsewhere in the automotive world, Nissan has unveiled the Z Proto.

Read Full Article

What to Read Next

Sennheiser Celebrates 75 Years With Limited HD 800 S Headphones
Tech

Sennheiser Celebrates 75 Years With Limited HD 800 S Headphones

Limited to 750 pairs.

General Assembly Launches World's First Pizza Subscription
Food & Beverage

General Assembly Launches World's First Pizza Subscription

Straying away from the usual health-focused food subscription box trend.

'Resident Evil Village' Plunges You Into a Nightmare With New Cinematic Trailer
Gaming

'Resident Evil Village' Plunges You Into a Nightmare With New Cinematic Trailer

Arriving next year for the PlayStation 5.


'Akira' Limited Edition 4K Blu-Ray Remaster Arrives This Holiday Season
Entertainment

'Akira' Limited Edition 4K Blu-Ray Remaster Arrives This Holiday Season

With a theatrical release on September 24.

Tyler, the Creator and Jeni’s Splendid Ice Cream Concoct New "Pluto Bleu" Flavor
Food & Beverage

Tyler, the Creator and Jeni’s Splendid Ice Cream Concoct New "Pluto Bleu" Flavor

“Blood orange with a bolt of tropical blueberry.”

Square Enix Announces 'Final Fantasy XVI'
Gaming

Square Enix Announces 'Final Fantasy XVI'

Debuting its ‘Awakening’ trailer.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.