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.