South Korean auto major Kia Motors Corporation is considering a low-cost electric vehicle (EV) for India in collaboration with group Hyundai Motors and wants personal usage for Electric Vehicles to be included for government support under the FAME II scheme in India, according to a top company official.
The company, which is a part of the Hyundai Motor Group, plans to launch four new models, including its upcoming SUV Seltos, in the next two years in India but said the low-cost Electric Vehicle would be a separate project.
“We are still working on how to make low-cost Electric Vehicle. I am considering to develop EV for Indian market together with Hyundai,” Kia Motors Corporation President and CEO Han-Woo Park told sources.
When asked if the low-cost Electric Vehicle would be one of the four models lined up for introduction in India in the next two years, he said, “This is separate. This is not one of them.”
At the 2018 Auto Expo, Kia had announced that it planned to introduce a diverse range of vehicles in India, including an India exclusive compact electric vehicle between 2019 and 2021. He said Kia Motors already has some products for hybrid, plug-in hybrid, electric vehicle and fuel cell vehicles which are being sold globally.
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