*Kia has developed a vehicle specifically for India, called the SP Concept, an SUV, which will be the first confirmed launch.
*SP Concept will be manufactured at Kia’s upcoming Anantapur plant in Andhra Pradesh.
*SP concept is developed as a global model, conceptualised by the world-renowned designer Peter Schreyer. The SP concept is inspired by India and combines everything that the Indian customers desire in a car.
*The company is investing $1.1 billion in India.
*Kia will introduce electric cars in India when the market is ready for sustainable mobility, including infrastructure for charging stations. Globally, Kia will continue to expand its range of environment-friendly cars in the coming years, and plans to offer 16 electrified vehicles by 2025, including a fuel-cell electric vehicle (FCEV) in 2020.
*Kia will be a separate entity and will be operating as an independent business, including providing after-sales services to our consumers.
*Hyundai will be competitor in India, just like any other car company to Kia.
*In Kia’s approach to partner base, Kia will be industry-agnostic, and will not be limited to the auto sector alone. In fact, Kia is even open to partnering young-at-heart ambitious entrepreneurs who are new to the sector. Over the past few months, Kia has been receiving very good response from prospective dealers, but as the selection process is exhaustive, it will take some time to finalise.
*Kia has received 5,000 interested dealer prospects from across sectors, including four-wheelers, two-wheelers and non-auto businesses.