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Kia boss details 5-year plan to overhaul brand with EVs front and center

Kia's new boss has detailed an aggressive, $25 billion plan to electrify much of its lineup by 2025 and change its brand image. Hosung Song, promoted to President in March, wants to move faster than parent company Hyundai into EVs and PBVs, or purpose-built vehicles, better suited to how he believes cars will be used in the future. In an interview with Automotive News, Song said that Kia's "Plan S" will offer 11 electric-only models by mid-decade, comprising 6.6% of the global EV market share and generating 20% of Kia's own sales. By then, Song believes the total cost of ownership for electric and internal combustion cars will be about the same, as ICEs require more maintenance and fuel costs are projected to rise. Not only that, but by 2026 Song wants Kia to sell half a million battery-electric vehicles, as well as another half-million hybrids, PHEVs and other "green" offerings. By 2027, Kia will have seven models powered exclusively by electrons. Then, by 2029, a full quarter of Kia's sales will be from EVs. As for PBVs, Kia describes them as vehicles specifically designed for ride-hailing services, as autonomous taxis and e-commerce delivery-bots. They will be used primarily in urban centers and feature autonomous tech, as cities around the world change the rules for cars and car ownership. The new plans dovetail with Kia's desire to appeal to a younger customer base. However, Song told AN that he also wants to move the brand upmarket, which may conflict with the utilitarian, robo-taxi image that PBVs will foster. Finally, ushering in this new era will be a revamped Kia logo. According to AN, Kia will dispense with the name-in-an-oval badge that has been in use since 1994. Instead, the new branding will resemble the stylized name, sans oval, found on the Kia Imagine concept revealed at Geneva in 2019. As for the "S" in Plan S, Kia says that it stands for "shift," as in a shift "from a business system focused on internal combustion engine vehicles toward one centered on electric vehicles and customized mobility solutions." Related Video:

Peter Schreyer designs the future of Hyundai, Kia, and Genesis

Peter Schreyer now leads the design teams at Hyundai, Kia, and the new Genesis brand. He has the difficult task of differentiating the three brands aesthetically, even if they share mechanical components. A new profile about the designer by Bloomberg shows just how much he means to the Korean brands, and it's well worth a read. According to Bloomberg, Schreyer has distinctive ideas for the Korean brands' design. A Kia should look sporty and appeal to young buyers. In contrast, a Hyundai would be for someone who prefers a minimalist design. So far, Genesis is blending those traits for its Athletic Elegance design language. Schreyer went to Kia from Volkswagen Group in 2006, and his mission was to revolutionize the Korean's brand's boring look. He succeeded with sharper, more modern designs for vehicles like the Optima and Sorento that arrived after he took over. He did such a good job there that Hyundai-Kia Motor Group appointed him as its first non-Korean president at the end of 2012. He also now oversees former Lamborghini designer Luc Donckerwolke at the Genesis luxury brand. Bloomberg speaks with industry analysts and other designers to get a better idea of Schreyer's meaning to the company. The piece presents him as an easygoing person who knows exactly how each vehicle should look. If you want to get a better Schreyer and his work at Hyundai, Kia, and Genesis, the story is worth checking out. Related Video:

Hyundai will launch 26 green models through 2020

Hyundai Motor Group, which comprises both Hyundai and Kia, believes that launching a blitz of 26 green models through 2020 could place the Korean automaker among the leaders in the segment. Only Toyota would be larger in the electrified vehicle market, if Hyundai Motor's plan works, Automotive News reports. The 26 models run the gamut of the green car field, and they include at least 12 hybrids, six PHEVs, two EVs, and two hydrogen fuel cells, according to Automotive News. If customers latch onto them, Hyundai and Kia could move as many as 300,000 electrified vehicles a year by 2020 versus about 43,000 in 2015. Kia is responsible for at least 11 of these vehicles like the upcoming Niro crossover. Meanwhile, Hyundai wants the upcoming Ioniq (above) to challenge the Toyota Prius, and the Korean company has hybrid, PHEV, and EV versions on the way. To save money on the development of so many electrified vehicles, Hyundai Motor uses shared components. "For example, all our electric motors have the same diameter," Lee Ki-Sang, Hyundai's green powertrain boss, told Automotive News. "The power output is different, but we can just adjust the width of the core winding. Or for the motor controller, we standardized to use the same printed circuit boards." Trying to go from a relatively small player to a market leader is an audacious move, but it's especially risky right now. Gas prices are the cheapest in 12 years in the US, and green car sales are down in the US and in Europe. Toyota even predicts the inexpensive fuel could cut into Prius sales, and it's far more established than Hyundai's models. The South Korean company could have an even tougher time because these efficient vehicles still lose money for now. "Our target is before 2020, we would like to make profits on these eco-friendly vehicles," Lee told Automotive News. Related Video: