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Hyundai and Kia: Expanding HEV/EV models, strengthening US business
ia, the group's production remained down (-2% YoY) as both Kia and Hyundai reported declines of 2% YoY. Kia, however, improved its Indian production performance after experiencing a double-digit fall in output of 22% YoY in Q2 2024, supported by strong production of the Kia Sonet (+29% YoY) and Kia Carens (+18% YoY). The group's production in China abruptly lost momentum (-5% YoY) as Kia could not maintain surging triple-digit production growt...
Market & Tech Reports Updated at: 2025/04/07
Bharat Mobility Global Expo 2025: BEVs in India
431 km of estimated WLTP range on a full charge. Kia India unveiled the all-new 2025 Kia EV6 facelift at the Bharat Mobility Global Expo 2025. It also presented the all-new Syros model, the all-electric EV9, Carnival Hi Limousine, and its existing Indian product lineup, which includes the Carens, Seltos, and Sonet, along with their X-Line variants. 2025 Kia EV6 EV6 The refreshed EV6 features a powerful 84-kWh battery, pro...
Market & Tech Reports Updated at: 2025/02/13
Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup
ril 2024. Mexico 400 (3 shifts) 256 Manufactures the Forte (Cerato/K3), K4, and Hyundai Accent. Production of the Rio ended in December 2023. The manufacturing facilities for the Rio will be used to enhance the production of the K3. India 373→431 (2024) 320 Manufactures the Seltos, Sonet, and Carens. Carens EV (2024-planned), EV3 (2025-planned). Kia plans to increase the annual production capacity to 431,000 units in the first half of 2024....
Market & Tech Reports Updated at: 2024/07/25
Bharat Mobility Global Expo 2024 (1) EVs and Passenger Vehicles in India
alization efforts in India Tata Motors: Nexon iCNG Concept, acti.ev electric architecture based Punch.ev Mahinda & Mahindra: Flex Fuel Vehicle prototype, BE.RALL-E electric SUV concept Toyota: Innova HyCross flex fuel prototype, Lexus ES 300h and UX 300e Kia: Luxury electric EV6, X-Line variants of Carens MG Motor: ZS EV and electric vehicle lineup, hydrogen fuel storage tank, high voltage battery pack VW Group: Latest models from Škoda, Volkswa...
Market & Tech Reports Updated at: 2024/03/08
Indian OEMs Investment and Future Plans (1)
km per full charge (As per ARAI). Hyundai Exter Hyundai Ioniq 5 at Auto Expo 2023 India Kia Motors is one of the younger players in the Indian Automobile Industry. This Hyundai group company operates a plant in Anantapur Andhra Pradesh and produces SUVs and MPVs like Seltos, Sonet, and Carens. The company also sells EV6 electric car in the Indian market. Investment, future plans and upcoming models KIA EV9 Concept at Auto Ex...
Market & Tech Reports Updated at: 2023/12/28
Korean Market and Brands: Public and Private Sectors Building EV/Battery Production Capacity
planned) Mexico 400 (3 shifts) 265 Manufactures the Forte (Cerato/K3), Rio, and Hyundai Accent. Kia plans to launch the new Rio in Q4 2023. It will invest USD 408 million by 2024 to build five new facilities and employ 800 new workers. India 373 343 Manufactures the Seltos, Carnival, Sonet, and Carens. Kia plans to produce a compact EV model for emerging countries from 2025. In January 2023, Kia announced plans to invest INR 20 billion in R&D...
Market & Tech Reports Updated at: 2023/07/05
Indian Auto Expo 2023 (1): EVs and Passenger Vehicles
unveiled its all-electric SUV concept - the Kia Concept EV9, and the Kia KA4, a luxury RV at the event. A separate exhibition zone also exhibited Kia's futuristic connected car technologies, such as Kia Connect and EV6 charging stations. Kia also displayed its existing products, the Seltos, Sonet, Carens, and the electric vehicle EV6 at the event. Kia also announced its entry into the “Purpose Built Vehicles” (PBV) segment with the Carens...
Market & Tech Reports Updated at: 2023/02/06
Indonesia: Utilizing Nickel to Build EV Supply Chain
l launches in 2022, Toyota introduced the bZ4X, its first mass production EV, while Wuling launched the Air EV, a low-priced compact EV. Among MPVs which are popular in Indonesia, Toyota’s new Voxy and Kijang Innova Zenix, Suzuki’s new Ertiga Hybrid, Hyundai Motor’s Stargazer, and Kia’s new Carens were introduced to the market. Toyota’s Kijang Innova Zenix (MPV which made its global premiere in November 2022) (Photo: Toyota) Indo...
Market & Tech Reports Updated at: 2023/01/27
Indian Market Sentiment Improves in 2021
in 2021, but it did introduce several facelifted versions of its existing models in India. Tata Motors Punch (Source: Tata Motors) Mahindra XUV 700 (Source: Mahindra & Mahindra) Hyundai entered a new segment of 6 and 7-seater SUVs with the launch of the Alcazar. Kia introduced its new Carens MPV for the Indian market. The Volkswagen Group had the most launches with several new models’ announced under its India 2.0 strategy. Sko...
Market & Tech Reports Updated at: 2022/07/15
Korean market and domestic brand trends: Semiconductor shortages reducing production and sales
ortswagon. U.S. 340 255 Manufactures the Sorento, K5 (Optima), Telluride, and Hyundai Santa Fe. Mexico 400 (3 shifts) 220 Manufactures the Forte (Cerato/K3), Rio, and Hyundai Accent. India 300 228 Manufactures the Seltos, Carnival, and Sonet. Kia plans to start the production and sales of the Carens, an all-new 3-row 7-seat crossover SUV, in the first quarter of 2022. Hyundai Motor Group’s total annual production capacity 5,480→5,580 ...
Market & Tech Reports Updated at: 2022/03/01
Korea: Hyundai and Kia to accelerate launching SUVs and electrified vehicles
e production line for manufacturing different types of vehicles without changeovers. Asan 300 228 Hyundai Grandeur (Azera), Sonata Jeonju 100 56 Hyundai buses and trucks Kia Motors Hwasung 555 510 Kia K3 (Forte, Cerato), K5 (Optima), K7 (Cadenza), Niro, Sorento Gwangju 490 499 Kia Sportage, Carens (Rondo), AM, Soul, Soul EV, trucks and buses Sohari 330 318 Kia Stinger, Stonic, Pride (Rio), Carnival, Ray, K9 (Quoris/K900) Seosan 250 23...
Market & Tech Reports Updated at: 2018/05/21
Indonesia: economic stimulus measures may boost sales in H2 2016
0.3 VW Golf, Audi A6 New plant To be determined - Under consideration Daimler Bogor 20 4 M-Benz C-, E-, S-, ML-, GL-Class, commercial vehicles BMW Contract production n.a. 2 BMW 3 Series, 5 Series, X1, X3, X5 Hyundai Bekasi 12 1 Hyundai Avega, H-1 (Starex) Contract production n.a. 0.4 Kia Carens (Note) 1. "Production outsourcing" refers to production at a plant in which the concerned automaker does not hold a stake. 2. Annual pr...
Market & Tech Reports Updated at: 2016/03/18
Indonesian vehicle sales in 2015 forecast to remain flat at 1.2 million units
d 2017.Models to be produced are not yet determined. Daimler Bogor 20 5 M-Benz C-, E-, S-, A-, B-, ML-, GL-Class, commercial vehicles BMW Contract production n.a. 2 BMW 3 Series, 5 Series, X1, X3, X5; Hyundai Bekasi 12 6 Hyundai Atoz (Atos), Accent, Excel, Avega, H-1 (Starex) Sunter 5 3 Kia Carens (Note) 1. "Contract production" refers to production at the plant in which the relevant automaker does not hold any stake. 2. Annual pr...
Market & Tech Reports Updated at: 2015/03/11
Korea aims to produce 4.6 million vehicles in 2014
movement Hyundai Motor Ulsan 1,700 Hyundai Avante (Elantra), Tucson, Santa Fe, Genesis, i30, i40, etc. Asan 300 Hyundai Grandeur (Azera), Sonata Jeonju 125 Hyundai buses and trucks Kia Motors Hwasung 580 Kia K3 (Forte, Cerato), K5 (Optima), K7 (Cadenza), Sorento Gwangju 620 Kia Sportage, Carens (Rondo), AM, Soul, Soul EV, trucks, buses(While its annual capacity was raised from 500,000 to 620,000 in mid-2013, operations of the renovated...
Market & Tech Reports Updated at: 2014/05/15
Features on new Hyundai/Kia models: Genesis uses multiple active safety systems
ematics systems Summary New driving assistance systems: Hyundai's first automatic emergency braking Increased use of direct-injection/direct-injection turbo engines with CVVT D segment: major advanced features on Hyundai Genesis C segment: main features on Hyundai Elantra coupe, Kia Forte Koup, and Carens A/B segment: main features on Kia Soul and Hyundai i10 Hyundai GenesisNorth American International Auto Show 2014 The following is an ov...
Market & Tech Reports Updated at: 2014/03/19
Korea expects vehicle production of 4.7 M and sales of 1.4 M in 2013
35 Fuel Cell were added. Asan 300 Hyundai Grandeur (Azera), Sonata, Sonata Hybrid Jeonju 70 Hyundai buses, trucks Kia Motors Hwasung 580 Kia Forte (New Cerato), K5 (Optima), K5 Hybrid, K7 (Cadenza), Mohave (Borrego), Sorento, In 2012, K3 was added. Gwangju 500→620 (2013) Kia Sportage, New Carens (Rondo), AM, Soul, trucks, buses In 2013, capacity will be increased with an investment of 150 billion won. Sohari 350 Kia Pride (Rio), Grand...
Market & Tech Reports Updated at: 2013/04/17
Indonesia: OEMs gear up operations for growing market
down in March 2005. To resume production in 2013 to assemble Chevrolet Spin. Garuda Mataram Motor (Volkswagen Indonesia) A joint venture between VW Group and Indomobil Group Jakarta n.a. VW Golf, Polo, T5; Audi A4, A6 Kia Mobil Indonesia A joint venture of Kia and Artha Graha Group Sunter 5 Kia Carens Krama Yudha Ratu Motor Krama Yudha 100% Jakarta 70 Mitsubishi Fuso Colt Diesel (Canter), Mitsubishi Colt 120SS, Colt L300, In 2012, Mitsubish...
Market & Tech Reports Updated at: 2013/03/15
Korea: Hyundai/Kia expands overseas production capacity to 4.14 million in 2012
us, Grand Starex (H-1), Porter, Mighty Asan 300 Hyundai Grandeur (Azera), Sonata, Sonata Hybrid Jeonju 125→140 (2015) Hyundai buses, trucks Kia Motors Hwasung 580 Kia Forte (Cerato), K5 (Optima), K5 Hybrid, Opirus (Amanti), K7 (Cadenza), Mohave (Borrego), Sorento Gwangju 420 Kia Sportage, Carens (Rondo), Soul, trucks, buses Sohari 350 Kia Pride (Rio), Carnival (Sedona) GM Korea Bupyeong 500 Alpheon, Chevrolet Aveo, Chevrolet Spark, ...
Market & Tech Reports Updated at: 2011/09/27