Kia to launch 7 E-GMP models by 2027 | Automotive Marketplace News

A battery-powered crossover car codenamed CV, for launch in Q1 2021, will be the very first product to have Kia’s new symbol

Kia Motors designs to launch seven, function-created, all-electric motor vehicle products dependent on the group’s freshly-formulated electric powered-worldwide modular platform (E-GMP) by 2027, in accordance to area studies citing a company statement.

The initial of these, a battery-driven crossover car or truck codenamed CV, will be released in the to start with quarter of 2021. It will be the very first design to have Kia’s freshly released brand emblem.

The new product will be fitted with a speedy-charging battery pack that can supply a cruising assortment of up to 500km (300 miles). Other products beneath development working with this system include things like passenger cars and trucks, SUVs and MPVs.

The South Korean automaker options to launch 11 new electrical motor vehicles by 2025, which includes versions not based mostly on the E-GMP, as it targets developing worldwide need for zero emissions vehicles.

Kia said it aimed to capture a 6.6{c9ada2945935efae6c394ba146a2811ce1f3bfd992f6399f3fbbb16c76505588} share of the global industry for battery-powered electric automobiles by 2025 from close to 1{c9ada2945935efae6c394ba146a2811ce1f3bfd992f6399f3fbbb16c76505588} at present and was seeking to deliver extra than 600,000 units each year by 2026.