SEOUL, Jan. 24 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Monday it aims to sell 25,000 units of the all-new Niro SUV model in the domestic market this year. Last week, Kia received nearly 18,000 preorders for the environment-friendly Niro, equipped with a 1.6-liter gasoline hybrid engine and a 32 kilowatt motor [...]
SEOUL, May 3 (Korea Bizwire) — With the introduction of dedicated electric vehicles, Hyundai Motor Co.’s all-electric SUV Kona and other EVs derived from combustion engine-based vehicles are expected to be discontinued in line with slowing sales. The Korea Automobile Manufacturers Association reported that Hyundai produced only 7,731 Kona EVs for the first quarter this [...]
SEOUL, Feb. 3 (Korea Bizwire) — Kia Corp. will use its Niro electric vehicle in Singapore as a delivery vehicle for fresh food. The South Korea’s second-biggest carmaker joined hands with local cold chain startup S.lab Asia Inc. for a project to create a last-mile delivery purpose built vehicle (PBV). Last-mile delivery refers to the [...]
SEOUL, Feb. 1 (Korea Bizwire) — Kia Motors Corp.’s Niro has been named Green Car Journal’s 2018 top sport utility vehicle (SUV) of the Year in the United States, the company said Thursday. The Niro crossover, which went on sale early last year, beat rivals from Chevrolet, Mini and Volvo for the “Green SUV” title [...]
SEOUL, Aug. 16 (Korea Bizwire) – On August 15, with reports from Hyundai and Kia indicating that 141,681 eco-friendly cars had been sold thus far this year as of the end of last month, it is believed that the automotive giants may have found a possible lifeline out of their troubles. To put into perspective [...]
SEOUL, May 15 (Korea Bizwire) – Kia Motors Corp., South Korea’s second largest carmaker by sales, on Monday launched the country’s first plug-in hybrid sport utility vehicle model. The Niro plug-in hybrid can travel up to 840 kilometers — 40 kilometers on a single charge and 800 km on a combined gasoline-battery drive. The 1.6-liter [...]
SEOUL, Feb. 24 (Korea Bizwire) – Kia Motors Corp. is aiming to export up to 10,000 units of the soon-to-be-launched plug-in hybrid vehicle (PHEV) version of its Niro small SUV this year, industry sources said Friday. Kia, the No. 2 carmaker in South Korea, is scheduled to unveil the Niro plug-in hybrid in South Korea [...]
SEOUL, June 26 (Korea Bizwire) – South Korea’s major automobile manufacturers are all set to make a big splash in global eco-friendly vehicle markets in the coming months, local industry sources said Sunday. Hyundai Motor Co. plans to begin the sale of the Ioniq hybrid in the United States and Europe in the latter half [...]
SEOUL, May 31 (Korea Bizwire) – Kia Motors Corp., South Korea’s second-largest automaker, posted record sales in Latin America this year, whose growth surpassed that of the Middle East and Eastern Europe, which are grappling with the economic slowdown, its report showed Tuesday. A total of 57,495 Kia cars were sold in Central and South [...]
SEOUL, Feb. 12 (Korea Bizwire) – Kia Motors unveiled its first hybrid subcompact sports utility vehicle “Niro” at the Chicago Auto Show on Thursday, the company said. The Niro is the first South Korean-made “green” SUV. Its name was coined by combining the words “near zero” emissions and “hero.” Niro’s concept was first presented at [...]