Kia India to invest money in its EV sector for manufacturing and infrastructure development. Kia also unveiled its EV9 concept electric SUV: Auto Expo 2023.
In India, electric vehicle (EV) adoption has a very promising future, despite what many people may think. Low manufacturing and operating costs are due to the development of ground-breaking EV technologies in India and around the world, as well as the commitment to share this technology for the benefit of everybody.
Electric cars are shown to not only be one of the most economical substitutes for fossil fuel-powered vehicles but also to be a cleaner option. Considering the skyrocketing fuel prices, this is a significant bonus for EV adoption in India.
Big Automakers are moving to electric vehicles at a good speed as the future of the EV sector in India looks bright and Kia is no exception either. Kia India is focusing on its EV collection and working on the expansion of the market.
On the opening day of India’s premier auto show, Auto Expo 2023, electric vehicles stole the show as manufacturers including Maruti Suzuki, Hyundai, Kia, Tata Motors, and MG Motor displayed their cutting-edge creations and pledged to make investments in sustainable transportation.
At the Auto Expo 2023, South Korean automaker Kia unveiled its EV9 concept electric SUV. By 2025, the business claimed, it would introduce locally-made electric cars (EVs) in India.
Kia India also plans to invest Rs 2,000 crore over the following four years to increase its presence in the electric vehicle industry, according to a senior business executive.
At Auto Expo 2023, a senior corporate representative stated that the company intends to spend money over the coming few years on several components like EV manufacturing and infrastructure development.
The company claimed that India is one of its target markets and that its total cumulative sales will surpass 8 million in 2022. It presently offers one battery-electric model for sale in the country, but it intends to launch…
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