Kia India

Last updated

Kia India Pvt Ltd
Company type Subsidiary
Industry Automotive
Founded19 May 2017;7 years ago (2017-05-19)
Headquarters Anantapuram, Andhra Pradesh, India
Key people
Gwanggu lee (CEO)
Products Automobiles
Production output
336,619 (2022) [1]
Parent Kia
Website www.kia.com/in/

Kia India Private Limited is a subsidiary of Kia for its operations in India. The company was founded on 19 May 2017 [2] following an announcement of the construction of a new 536-acre manufacturing facility in Anantapuram District, Andhra Pradesh. The plant started its trial production in January 2019 [3] and the mass production of its first product, the Kia Seltos started on 31 July 2019. [4] The US$ 2 billion manufacturing plant is capable of producing 300,000 vehicles annually. [5]

Contents

Products

Kia India produces several models that were developed specifically for the Indian market, namely the SP2i version of the Seltos and the sub-4 metre SUV Sonet. [6] Within less than four years of operations, in May 2023 the company announced that it has achieved a milestone of 700,000 vehicle sales. [7]

Current models

ModelIndian introductionCurrent modelNotes
Introduction (model code)Update (facelift)
SUV/crossover
2024 Kia Sonet (China) front view.png Sonet 20202020 (QY)2024
Kia Seltos 2024 2.jpg
Seltos 20192019 (SP2i)2023
MPV
2022 Kia Carens 1.4 Luxury Plus (India) front view 01.jpg Carens 20222022 (KY)
Electric
Kia EV6 GT-Line 1X7A0317.jpg EV6 20222022 (CV)Imported from South Korea

Discontinued models

ModelReleasedDiscontinuedImage
Carnival 20202023 2017 Kia Carnival (YP MY17) SLi van (2018-11-22) 01.jpg

Statistics

YearProductionDomestic salesExports
201957,71944,918755
2020177,982139,71429,358
2021227,844182,65553,247
2022336,619254,55682,063
2023

See also

Related Research Articles

<span class="mw-page-title-main">Hyundai Motor Company</span> South Korean multinational automaker

Hyundai Motor Company, often referred to as Hyundai Motors, and commonly known as Hyundai, is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, which was founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation, and fully owns two marques including its luxury cars subsidiary, Genesis, and their electric vehicle brand Ioniq. The three brands altogether make up the Hyundai Motor Group.

<span class="mw-page-title-main">Kia</span> South Korean automobile manufacturer

Kia Corporation is a South Korean multinational automobile manufacturer headquartered in Seoul, South Korea. It is South Korea's second largest automobile manufacturer, after its parent company, Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019. As of 2015, Kia is owned by Hyundai, which holds a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion.

<span class="mw-page-title-main">Hyundai Motor Group</span> South Korean multinational conglomerate

The Hyundai Motor Group is a South Korean chaebol headquartered in Seoul, South Korea.

<span class="mw-page-title-main">Hyundai Motor Manufacturing Alabama</span> Automobile factory in Montgomery, Alabama.

Hyundai Motor Manufacturing Alabama is an automobile factory in Montgomery, Alabama.

<span class="mw-page-title-main">Kia Carens</span> Compact MPV produced by Kia

The Kia Carens is a compact car (C-segment) manufactured by Kia since 1999, spanning over four generations, and was marketed worldwide under various nameplates, prominently as the Kia Rondo. The initial three generations had a MPV body style and were marketed worldwide, with presence in its home country South Korea, in Europe, and North America since the second-generation. The fourth-generation model took a different approach in terms of design and targeted markets, as it was developed as a "strategic model" for the Indian market. It also adopts a crossover-inspired exterior design.

Jiangsu Yueda Kia Motor Co., Ltd. is an automotive manufacturing company headquartered in Yancheng, China and a joint venture between Jiangsu Yueda Group and Kia. The company was formerly known as Dongfeng Yueda Kia Motors Co., Ltd. until Dongfeng withdrew from the joint venture in late 2021.

<span class="mw-page-title-main">Hyundai Mobis</span> South Korean company

Hyundai Mobis is a public South Korean car parts company. Founded as Hyundai Precision & Industries Corporation in 1977, the company forms the "parts and service" arm for the South Korean automakers Hyundai Motor Company, Genesis Motors and Kia Motors. As of 2014, it was the "world's No. 6 automotive supplier".

The automotive industry in India is the world's fourth-largest by production and valuation as per 2022 statistics. As of 2023, India is the 3rd largest automobile market in the world in terms of sales.

Dewan Farooque Motors Limited is a Pakistani automobile importer and manufacturer based in Karachi, Pakistan. The major activities by the company are assembling, manufacturing and sale of vehicles.

<span class="mw-page-title-main">Hyundai Motor India</span> South Korean subsidiary in India

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of the Hyundai Motor Company headquartered in South Korea. It is the third largest automobile manufacturer in India.

<span class="mw-page-title-main">Automotive industry in South Korea</span>

The automotive industry in South Korea is the fifth-largest in the world as measured by automobile unit production and also the sixth-largest by automobile export volume.

<span class="mw-page-title-main">Hyundai Motor Europe</span>

Hyundai Motor Europe GmbH is the European division of South Korean automaker Hyundai Motor Company, its headquarters is in Offenbach am Main, Germany. It has a R&D center in Frankfurt and three manufacturing plants: one in Nošovice, Czech Republic; one in Saint Petersburg, Russia; and one in Turkey. Three models were produced at the TagAZ's plant in Taganrog. Its slogan for the European Market is "New Thinking, New Possibilities".

<span class="mw-page-title-main">Hyundai Creta</span> Subcompact crossover SUV

The Hyundai Creta, also known as Hyundai ix25 in China, is a subcompact crossover SUV produced by Hyundai since 2014 mainly for emerging markets, particularly BRICS. It is positioned above the Venue and below the Tucson in Hyundai's SUV line-up.

<span class="mw-page-title-main">Hyundai Kona</span> Subcompact crossover SUV

The Hyundai Kona is a subcompact crossover SUV produced by the South Korean manufacturer Hyundai. The first-generation Kona debuted in June 2017 and the production version was revealed later that year. It is positioned between the Venue or Bayon and the Tucson in Hyundai crossover SUV line-up. The battery electric version called the Kona Electric was first launched in South Korea during the first half of 2018 and rolled out gradually worldwide afterwards.

<span class="mw-page-title-main">Automotive industry in Vietnam</span>

The automotive industry in Vietnam is a fast-growing sector mainly reliant on domestic sales. All currently produced models are designed abroad by foreign brands, and many rely on knock-down kit production. Due to high import taxes on automobiles, the Vietnamese government protects domestic manufacturing. Although Vietnam is a member of the ASEAN Free Trade Area, automobile imports fall under an exception. Since January 1, 2018, the 30% import tax has been discontinued as part of ASEAN agreements. Currently, the Vietnamese motor industry is not deemed competitive enough to make exports feasible. As of April 2018, 85% of car sales in Vietnam were produced domestically from knock-down kits.

<span class="mw-page-title-main">Kia Seltos</span> Korean subcompact crossover SUV

The Kia Seltos is a subcompact crossover SUV manufactured by Kia. Introduced in mid-2019, the Seltos is positioned between the smaller Stonic, Soul, or Sonet and the larger Sportage in Kia's global SUV lineup.

<span class="mw-page-title-main">Canoo</span> American electric vehicle manufacturer

Canoo Inc. is an American automotive company based in Torrance, California, that develops and manufactures electric vehicles. Canoo's research & development team is based in Michigan, in the Detroit region, and production operations are in Justin, Texas. The company also plans to produce commercial electric vehicles such as vans for fleet, vehicle rental and ride sharing services.

The K platform series are platforms developed by Hyundai and Kia for its range of automobiles since 2017.

References

  1. "Sales Results". pr.kia.com. Retrieved 2 October 2020.[ permanent dead link ]
  2. "KIA India PVT Ltd - Company Profile and News". www.bloomberg.com. Retrieved 2 October 2020.
  3. "Kia Commences Trial Production at its Anantapur Plant in Andhra Pradesh". www.prnewswire.com (Press release). Retrieved 2 October 2020.
  4. "Kia Seltos' mass production in India to begin next week". www.timesnownews.com. Retrieved 2 October 2020.
  5. "Kia Motors | India Plant". www.kia.com. Retrieved 2 October 2020.
  6. "Kia Seltos Unveiled in India - Hyundai Motor Group TECH". tech.hyundaimotorgroup.com. Retrieved 2 October 2020.
  7. "Kia India crosses 500,000 sales mark in less than 3 years of commencing ops". Business Standard India. 19 July 2022. Retrieved 20 July 2022.