Kia to launch an all-electric car for the US market in 2014
Electric cars

Kia to launch an all-electric car for the US market in 2014

Korean automotive manufacturer Kia has announced that it will be selling an all electric version of it’s “Soul” cross-over in the US market in 2014.

There isn’t much detail yet, but Kia plan to announce more at the next big auto show. They do mention recyclability, claiming 85-percent of its materials can be recycled after use.

Source: Kia UK websiteThis isn’t Kia’s first EV, in 2012 they began production of an electric car based on the “Ray” for use by Korean government agencies as a pilot project. It was expected that the Ray would be launched as a production EV, but it seems that have chosen a different model as their EV platform for the US market – rumours have been in the auto press for some time, with spy shots circulating since July.

Kia already produce a hybrid for the US market, and along with affiliate partner Hyundai are working on Hydrogen Fuel Cell vehicles.

The press release from Kia…

At the media launch of the all-new 2014 Soul, Kia Motors America (KMA) today announced plans to offer an all-electric version of the company’s iconic Soul urban passenger vehicle in select markets in (more…)

South Korea – Sales of foreign hybrid vehicles up 14%

News release from the South Korean Yonhap News Agency:

Foreign car makers sold 3,002 hybrid vehicles between January and June, compared with 2,632 hybrid units in the same period in 2012, according to the data compiled by the Korea Automobile Importers and Distributors Association.

The market share of foreign hybrids stood at 20 percent of a total of 15,009 hybrids sold in South Korea in the first half of this year, according to separate data released by the Korea Institute for Industrial Economics & Trade.

The development suggested that foreign carmakers made successful inroads into the local hybrid vehicle market, considering that foreign carmakers account for about 10 percent of South Korea’s car market.

The increased sales of hybrids come as South Korea is seeking to encourage ordinary citizens to buy electric cars by offering subsidies worth up to 23 million won (US$21,000).

About 90 electric cars were sold in the first six months, though their sales are expected to go up in coming months as carmakers prepare to roll out new zero-emission cars.

GM Korea Co., the local unit of General Motors Co., has said the electric version of the compact Chevrolet Spark is scheduled to hit local showrooms in October.

Renault Samsung Motors Co., the (more…)