Kia announces plans to launch purpose-built EVs.

Auto Business News-May 20, 2022--Kia announces plans to launch purpose-built EVs

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Auto Business News - 20 May 2022

Kia Motors (KRX: 000270) is also planning to enter into the electric purpose-built vehicles (PBVs) segment.

The South Korean car maker has announced plans in this regard and will be building a new plant just for PBVs soon. The unit will focus on commercial buyers.

The move comes as Kia is seeking to pair EVs with autonomous technology to produce driverless cars. The firm is claimed to be first to explore the market for demand and then provide new models as...

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