Sunday, December 9, 2018

Lack of EV policy not to hamper eco-friendly vehicles' launch in India: Kia

South Korean auto major Kia Motors is not worried over the lack of policy for eco-friendly vehicles in India as it can quickly adapt from its existing global portfolio for the local market, according to a senior company official. The company feels that India will also eventually follow the global direction towards eco-friendly technologies led by electric vehicles (EVs). Kia has already announced plans to roll out electric and hybrid vehicles from its upcoming plant at Anantpur in Andhra Pradesh and is targeting to launch an electric vehicle in India by 2021. "Indian government policies are not clear at the moment. We don't know the future policy but seeing the global market circumstances, there is a big direction (towards EVs)," Kia Motors India CEO & Managing Director Kookhyun Shim told PTI. He said going forward the current powertrain of internal combustion engines would be replaced by eco-friendly technologies. "It is also true that we are considering our eco-friendly line-up

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