Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025
Autocar Professional|15th January 2023
New investmentto drive R&D, infrastructure development and manufacturing capabilities. The company willlocally produce EVsin India with possibility of exports as well, writes Mayank Dhingra.
Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025

In line with its endeavor of moving towards sustainability and offering -greener mobility solutions in the market, Kia India has revealed that it will invest Rs 2,000 crore into its EV programme for the country and also introduce an all-new electric recreational vehicle (RV) in the market in 2025.

The investment has been committed towards R&D, infrastructure development, and manufacturing capabilities to allow it to locally produce EVs in India, starting with the new e-RV.

Autocar Professional had earlier reported that a compact Kia SUV codenamed 'AY' is likely to be launched in the first quarter of 2025 and could potentially also be exported from the country to overseas markets.

The company showcased its EV concept -the EV9-a seven-seat configuration vehicle concept at the Auto Expo 2023.

At present Kia India currently sells a single BEV model in the country. In 2022, Kia Motors had announced its plans to drive in BEVs globally in a few years.

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