In the last quarter of 2023, the KIA EV 5 and the new RIO

We recently experienced a real surprise, when it's Kia revealed the EV5 concept, which we show in the photos. During the event CEO Investor Day, which took place in Seoul, the South Korean manufacturer announced that the production version will be launched in China towards the end of the year. Responsible Kie when presenting the study, they also talked about the later launch of this model in other markets, but did not go into details.

The next generation was also announced at the mentioned event of the Rio model. Nowadays you can introduce a new small car we consider it almost a miracle. For example, with a Volkswagen model Polo doesn't look very good. Production of the new Rio should start in the fourth quarter of 2023 v Mexican factories Koreans, where they also manufacture the current model. Later this year – Kia is talking about the third quarter of 2023 here – a small one will be introduced Ray EV. In addition, in this very busy year of 2023, we are expected to complete five improvements other existing models. Otherwise, we have recently been able to see spy shots showing test prototypes of the models Picanto, Carnival, K5 ali Sorento. And this year there is also a big electric one coming EV9 SUV, where a more powerful version is also confirmed GT, which is expected to follow in 2025.

The Kia EV5 was initially said to be sold only in China, but the South Korean manufacturer is also mentioning other markets, but which ones have not yet been revealed.

In the long run - by the end of the decade - he intends Kia to sell 1,6 million all-electric cars annually. To this end, the portfolio of electric cars will increase to 2027 15 vehicles. It should be by 2030 55 percent of all cars sold also electrified. That would mean then 2,38 million cars. The common goal of Kia is to sell by then 4,3 million cars per year. To achieve this goal, the factory in Gwangmyeong upgraded to produce electric vehicles. The short-term goal is to start production two new series in 2024. Kia also wants to produce electric cars in the US, Europe, China and India.

In addition, they want to create a business from scratch for the so-called dedicated vehicles. These are van-like vehicles for on-demand mobility services. It is expected to begin in 2025 with a mid-range model to be built at the new plant Hwaseong.