Hyundai and Kia aim to flood the global car market with a profusion of new electric vehicles.
The Korean car group announced its latest production plan on Friday, which focuses heavily on diversifying and electrifying its fleet.
Kia will sell 14 EVs by 2027, two of which will be all-electric pick-up trucks.
It’s expected one pick-up will be targeted at commercial customers in South Asia. Another will be a dedicated EV truck that could go head-to-head with Ford’s F150 Lightning and GM’s EV Silverado.
As part of their passenger vehicle line-up, Kia will begin by launching the EV9 SUV next year. It will be the first Kia equipped with its in-house autonomous driving system.
By 2026, Kia says all its vehicles will come with some degree of autonomous software.
A new GT range is in the pipeline, expanding Kia’s high-performance electric armoury.
On top of all that, Kia will also introduce next-generation SUVs that ride a new EV platform. What that entails is still shrouded in uncertainty, but it is nice to speculate.
Hyundai isn’t going all guns blazing as Kia might be, but they also have some lofty EV ambitions.
Hyundai targets launching 11 new electric models by 2030, including six new SUVs.
Genesis, Hyundai’s luxury brand, is adding six electric models to its current roster of cars by the same time.
A new production plant in Indonesia recently began operation. It will work with existing assembly facilities in Korea and Czechia to expand Hyundai’s output volume.
It’s all part of a strategic ploy by the Hyundai Motor Group to mark a mark on the electric world stage. They plan to sell an oddly specific 1.87 million EVs each year by the end of the decade.
If successful, that will have the Hyundai Motor Group own seven per cent of the global EV market share.
Earlier this week, Stellantis unveiled their own EV strategy ambition, which involves making Maserati and DS sell only electric vehicles from 2025.
On Thursday, Ford confirmed they had split their internal operations in two, creating a separate EV business and an internal combustion engine business.