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Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup
anned). Gwangju 477 541 Kia Sportage, Soul, Soul EV(e-Soul), Seltos, trucks and buses.EV5 (2025-planned). Autoland Gwangmyeong(Former Sohari plant) 313 252 Kia K9(Quoris/K900), Grand Carnival(Carnival/Sedona), EV9.EV3 (2024-planned), EV4 (2025-planned), EV7 (2025-planned).Production of Stinger, Stonic and Pride (Rio) ended in 2023. The second plant will be converted into an EV dedicated plant that will start operations from 2024. Seosan 280...
Market & Tech Reports Updated at: 2024/07/25
Korean Market and Brands: Public and Private Sectors Building EV/Battery Production Capacity
ia K3 (Forte, Cerato), K5, K8, Niro, Sorento, Mohave (Borrego), EV6, pickup truck (TK1) (2024-planned) Electric PBV dedicated plant 150(2025) - PBV (project name: SW) (2025-planned) Gwangju 477 472 Kia Sportage, Soul, Soul EV (e-Soul), Seltos, trucks and buses Autoland Gwangmyeong 313 276 Kia Stonic, Pride (Rio), K9 (Quoris/K900), Grand Carnival (Carnival/Sedona), EV9Production of the Stinger ended in March 2023.The production line will be ...
Market & Tech Reports Updated at: 2023/07/05
Korean market and domestic brand trends: Semiconductor shortages reducing production and sales
ned) Jeonju 103 36 Hyundai buses and trucks, Staria(2022- planned) Kia Corporation Hwaseong 563 487 Kia K3 (Forte, Cerato), K5 (Optima), K8, Niro, Sorento, Mohave (Borrego), EV6 Gwangju 600 442 Kia Sportage, Soul, Soul EV (e-Soul), Seltos, trucks, and buses Sohari 320 214 Kia Stinger, Stonic, Pride (Rio), K9 (Quoris/K900), Grand Carnival (Carnival/Sedona) Seosan 280 164 Kia Morning (Picanto), RayThe Seosan Plant is a joint venture...
Market & Tech Reports Updated at: 2022/03/01
Korean market and trends of domestic brands: Tax breaks boosting domestic sales
32 Hyundai Grandeur (Azera), Sonata Jeonju 103 44 Hyundai buses and trucks Kia Motors Hwasung 563 487 Kia K3 (Forte, Cerato), K5 (Optima), K7 (Cadenza), Niro, Sorento, Mohave (Borrego) Gwangju 600 456 Kia Sportage, Soul, Soul EV (e-Soul), Seltos, trucks and buses Sohari 320 285 Kia Stinger, Stonic, Pride (Rio), K9 (Quoris/K900) Seosan 280 222 Kia Morning (Picanto), RayThe Seosan Plant is a joint venture established with Donghee. GM Ko...
Market & Tech Reports Updated at: 2020/11/12
Indian Auto Expo 2020: GWM and Haima announce new entry into Indian market
ational Auto Policy: overall development of Indian auto industry (Jan. 2019) Hyundai Motor Group: advancing electrification with the Kona Electric SUV (Dec. 2018) Review of Electric Vehicles and the EV Ecosystem in India (Aug. 2018) Indian Auto Expo 2018: Exhibitions from Maruti Suzuki, Hyundai/Kia, Honda, and Toyota (Feb. 2018) Great Wall Motor (GWM), the largest SUV manufacturer in China debuted at Auto Expo 2020. It recently acquired...
Market & Tech Reports Updated at: 2020/02/20
Korean market and trends of domestic brands: 2019 production forecasted to fall below 2018 level
Grandeur (Azera), Sonata Jeonju 103 29 Hyundai buses and trucks Kia Motors Hwasung 563 464 Kia K3 (Forte, Cerato), K5(Optima), K7 (Cadenza), Niro, Sorento, Mohave (Borrego) Gwangju 490 439 Kia Sportage, AM, Soul, Soul EV (e-Soul),Seltos (2019-), trucks and buses Sohari 320 292 Kia Stinger, Stonic, Pride (Rio),Carnival, Ray, K9 (Quoris/K900) Seosan 230 258 Kia Morning (Picanto). TheSeosan plant is a joint venture established with Donghe...
Market & Tech Reports Updated at: 2019/08/16
Korea: Hyundai and Kia to accelerate launching SUVs and electrified vehicles
at for imports was disclosed by Korea Automobile Importers and Distributors Association (KAIDA) at the end of 2017. Related Reports: OEM Electrification Strategies: Strengthening HVs and diversifying into EVs, PHVs, and FCVs (May 2018) Indian Auto Expo 2018: Exhibitions from Maruti Suzuki, Hyundai/Kia, Honda, and Toyota (Feb. 2018) Hyundai Motor: Launching the Genesis luxury brand and Ioniq green car series (May 2017) Hyundai: Global sales fall ...
Market & Tech Reports Updated at: 2018/05/21
Indian Auto Expo 2018: Exhibitions from Maruti Suzuki, Hyundai/Kia, Honda, and Toyota
Indian Auto Expo 2018: Exhibitions from Maruti Suzuki, Hyundai/Kia, Honda, and Toyota Major OEMs show new SUVs and EV variants for Indian market Summary Maruti Suzuki displays concept with new design language Kia Motors unveils SP Concept Hyundai Motor India displays IONIQ EV Honda Cars India debuts 2nd-generation Amaze Toyota Kirloskar Motor showcases Yaris Auto Expo, which is jointly organized by the Society of Indian Automobile Manufacturers (...
Market & Tech Reports Updated at: 2018/02/16
IAA 2017: Asian brands display lineup variety
IAA 2017: Asian brands display lineup variety Notable models include electric vehicles, SUVs, crossovers, and performance vehicles Summary Toyota represents core qualities in Toyota Land Cruiser, C-HR concept, and Lexus NX Hyundai shows versatile lineup with Kona, i30 N, and i30 Fastback Kia unveils range of models with Proceed Concept, Stonic, and Picanto X-Line Honda announces electric strategy with Urban EV Concept and CR-V Hybrid Prototype Ch...
Market & Tech Reports Updated at: 2017/10/30