Kia India on Thursday stated it’s going to enter the Indian electrical automobile (EV) market with EV6, its first battery-electric automobile (BEV) launched final yr and at present out there in South Korea, Europe and US markets. The Korean carmaker will ‘test waters’ in India by importing 100 models of the EV6, a prime firm official advised FE. Bookings for the automobile will open on May 26.
“We are embarking on the next-level Kia experience, by launching in India our most celebrated EV globally, the EV6,” Tae-Jin Park, MD & CEO, Kia India, stated. “We will open bookings for the EV6 on May 26 and launch it soon after that.” BEVs are a distinct segment however rising section in India. According to the FY22 retail gross sales information shared by the Federation of Automobile Dealers Associations (FADA), BEVs fashioned 0.65% of the market (17,802 BEVs offered within the complete market of two.7 million passengers automobiles). But the gross sales share of BEVs additionally grew a hefty 257.18% in FY22 over 4,984 BEVs offered in FY21.
While Kia India hasn’t shared how a lot the EV6 might be priced, it depends upon which mannequin the carmaker brings to India. The EV6 is on the market in two battery pack choices (58 kWh battery pack with a licensed driving vary of 373 km, and the 77.4 kWh battery pack with a driving vary of 499 km). The former is priced at $40,900 within the US market (round `31 lakh) and the latter is priced at $47,000 (round `35.7 lakh).
Completely built-up (CBU) automobile imports in India are taxed at 60% for these priced lower than $40,000 within the world markets and 100% for dearer ones, no matter the gas sort.
Considering that the EV6 might be a CBU and priced over $40,000, the efficient pricing in India could possibly be within the vary of `62 lakh, not less than.
All future Kia electrical automobiles could have simplistic names — the primary is the EV6. Smaller electrical automobiles launched later might be possible referred to as EV1 to EV5, and larger ones are EV7, EV8, EV9, and so forth.
Kia India at present sells 4 fashions, and all are made in India — the Seltos, Sonet, Carnival and Carens.
Source: www.financialexpress.com”