South Korean auto major Kia Motors Corporation is planning to launch low-cost electric vehicles (EVs) for India with the collaboration Hyundai Motors.
Low-cost EVs launch in India by Kia Motors
According to the top official of the company, it wants personal usage of EVs to be included to support the government goals under the FAME II scheme in India. It is the part of the Hyundai Motor Group which plans to launch 4 new models which include SUV Seltos, which will launch in coming next two years in India.
Kia Motors low-cost EV project
Low-cost EVs is a different project. They are looking for how to make low-cost EV. That is the reason they want to collaborate with Kia Motors so that India can get EVs with low cost.
Kia Motors had announced at the 2018 Auto Expo that it will make range EVs in India between 2019 and 2021.
Hybrid, plug-in hybrid, electric vehicle & fuel cell vehicles
The company is ready with the products but just waiting for the government policy and infrastructure in India, when they have this they can introduce the EV anytime in the country says, Kia.
Kia Motors Corporation President and CEO
The Kia Motors Corporation President and CEO Han-Woo Park said that the cost of EV is very high for the Indian market and without government support, they got the biggest challenge to sell EVs here. As the government is not supporting the EVs (four-wheelers) for personal usage.
As the government is not supporting for personal usage of EVs it is very tough EVs to be sold in India. Prices are high that nobody wants to buy EVs and still attracted to ICE vehicles.
The benefits are taken only by the two-wheelers (personal usage), three and four wheeler segments for public transport or registered commercial purposes.
FAME II scheme
As per the FAME II scheme, there is support for 10 lakh electric two-wheelers, five lakh three-wheelers, and 7,000 buses.
If the government provides incentives also to the four-wheelers for personal usage, there may be an increase in the sales of the EVs in India which makes it more pollution-free and e-mobility in the country.
when automakers like Kia Motors are trying and working hard on bringing the low-cost EVs in India, the government must support the EVs by providing subsidy also on personal usage.
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