Kia says it will have ready its first solely all-electric model next year.
The Kia lineup already includes two electric vehicles, the Soul EV and the Niro EV. However, these two models are also sold with conventional powertrains. In the case of the Niro, consumers can even choose between a hybrid and a plug-in hybrid configuration.
Next year, the company has just confirmed, we’ll see a Kia vehicle built exclusively with an all-electric powertrain. This will be the first of seven set to be introduced in seven different segments by 2027. This news, announced as part of the unveiling of the manufacturer's electric strategy carried out yesterday in South Korea by Kia CEO Ho Sung Song, is part of a plan to have 25% of the brand's worldwide sales come from 100% electric vehicles by 2029.
Kia made the announcement regarding its electrification strategy a month after parent company Hyundai announced that it is creating a division dedicated to electric vehicles, the Ioniq brand. Hyundai Motors aims to sell one million electric vehicles worldwide by 2025. The automotive giant hopes to capture 10% of market share globally by then.