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Kia wants 11 green cars by 2020

Kia will invest $10.2 billion in an effort to become a more environmentally friendly automaker over the next five years, and the recently teased Niro hybrid crossover will be just the tip of the iceberg. The Korean automaker wants to more than double its green car lineup by 2020 to 11 models from the current four with plans for new hybrids, PHEVS, EVs, and even a hydrogen fuel-cell vehicle. This green rollout will start with an Optima PHEV (the 2014 hybrid variant is shown above) with a lithium-polymer battery and will continue with the Niro CUV. Spy shots also suggest both Hyundai and Kia have other dedicated hybrids under development, and rumors hint at their arrival in showrooms in 2017. "Global market demand is shifting to electric vehicles, with oil prices predicted to rise in future," Ki-Sang Lee, the senior vice president at Kia's Eco Friendly Vehicle R&D Center, said in the investment's announcement. Kia is already familiar with fuel-cell tech thanks to public testing in 2009, but the automaker really wants to push development with a mass-produced model in 2020. The new FCEV would use a 15- percent lighter and five-percent more efficient stack versus current units, and the setup would offer an estimated range of over 497 miles. The company hopes to build 1,000 of these vehicles annually at first. The automaker's green plan will also aim to boost the brand's average fuel economy by 25 percent from 2014 levels. To make that happen, Kia will replace seven of its 10 engine families and will cut the weight of future vehicles by five percent. The next-gen models will use more efficient transmissions too. KIA MAPS OUT FIVE-YEAR AMBITION FOR GREEN CAR LEADERSHIP Green car line-up expected to grow from four to 11 models by 2020 Kia targeting hydrogen fuel cell vehicle production within five years Kia aiming to improve average fuel efficiency by 25% over 2014 levels Roadmap for low emission cars includes clean combustion, hybrid- and pure- electric vehicles, and hydrogen fuel cells 70% of current engine range set to be replaced by more efficient units Kia Motors today announced its mid- to long-term plans for the development of a greatly increased range of environmentally friendly vehicles. The brand's 'green car roadmap' sets out Kia's ambition to become a leader in the low emissions car market by 2020.

Kia Stinger moves upmarket for the 2021 model year

Kia is giving the rear-wheel-drive Stinger a mid-cycle update that brings an updated design, a nicer interior, newer in-car technology, and a handful of powertrain tweaks. The sedan will reach showrooms by the end of 2020. Stylists played it safe when tweaking the front end, which receives redesigned lights that look darker than the current model's. Out back, the new-look lights are connected by a light bar, and the turn signals are made up of 10 individual LEDs arranged to resemble a checkered flag. Some variants are offered with bigger exhaust tips and a wider air diffuser, while new wheel designs and paint colors round out the exterior overhaul. Buyers will have two additional exterior packages to choose from. The first one, called Dark Package, adds a gloss black diffuser, black exhaust tips and black emblems. The second one, Black Package, bundles 19-inch matte black wheels, blacked-out trim, black mirror caps, and a trunk-mounted spoiler. Kia specifically pointed out the Black Package will be offered in North America, but it didn't reveal if we'll get the Dark Package. Kia explained it devoted a considerable amount of energy to making the Stinger's cabin feel more luxurious. It added nicer materials (like metallic trim on the steering wheel), a frame-less rear-view mirror, and, on some models, contrast stitching on the door panels as well as on the dashboard. The firm's newest infotainment system is displayed on a bigger, free-standing 10.25-inch touchscreen propped up on the dashboard. We'll need to be patient to find out what has changed under the hood. Kia alluded to a new powertrain lineup, but it won't reveal what's on the roster until a little bit later in 2020. As of writing, the Stinger's entry-level engine is a 2.0-liter four-cylinder turbocharged to 255 horsepower. Motorists who want quicker acceleration can select a twin-turbocharged, 3.3-liter V6 that develops 365 horsepower. Could there be a step up to the Genesis G80's 300-horsepower 2.5-liter turbo-four and 375-hp 3.5-liter turbo V-6? Rear-wheel drive and an eight-speed automatic transmission come standard regardless of cylinder count, and all-wheel drive is offered at an extra cost. Kia noted the updated Stinger will go on sale in South Korea during the third quarter of 2020. Sales in other global markets — including, presumably, the United States — will start shortly after, and additional details will be released in the coming weeks.

South Korea assists auto industry struggling with coronavirus fallout

SEOUL —  South Korea said on Monday it would provide logistical and financial support to help its auto industry through the coronavirus crisis, warning of disruptions to supply chains from Europe and the United States. The government said it would speed up customs clearance, arrange freight transportation and provide liquidity support for the industry, which employs about 12% of South KoreaÂ’s workforce, according to official figures. The coronavirus pandemic has led to shutdowns at auto factories and dealerships in the United States and Europe, which are expected to affect South Korean automakers such as Hyundai and Kia. “ItÂ’s time to prepare for the shock of a global demand contraction and European supply issues,” Industry Minister Sung Yoon-mo said in a meeting with parts supplier executives and industry associations, according to a readout from the ministry. “Survival is the most crucial thing in this unprecedented crisis when both demand and supply contract at the same time.” The ministry gave no details on how much liquidity support the government would provide or what form it might take. The assistance is part of 50 trillion won ($39 billion) in emergency financing announced last week to boost the economy. South Korea has reported 8,961 coronavirus cases and 110 deaths from the disease. Hyundai Motor closed its Montgomery, Alabama, assembly plant on Wednesday after an employee there tested positive for COVID-19. It also suspended production at its plants in the Czech Republic and India due to the coronavirus outbreak. Europe and the United States account for about 70% of Korean automakersÂ’ exports, and 54% of Korean parts exports, government data showed. A trade ministry official said South Korean exports would deteriorate in April and May, after rising 10% year-on-year in the first 20 days of March. Car exports rose 13.7% in the period, customs agency data showed on Monday. “For the time being, a drop in exports of cars and auto-parts are inevitable as car factories and dealerships are closing,” Sung said. South Korean automakers had stocked up on inventories which could last up to two months, Sung said. Related Video: Earnings/Financials Government/Legal Plants/Manufacturing Hyundai Kia coronavirus