APD | Kia’s all-electric K3 to be launched in China in 2020

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By APD Writer Rishika chauhan

The all-electric K3 compact of Kia Motors Corp., South Korea's second-biggest carmaker, will be launched in China in the first quarter of 2020, the company has said.

The launch aims to revive sales in China, the world's biggest automobile market.

Kia unveiled the zero-emission model at the 17th China Guangzhou International Automobile Exhibition that is taking place from November 22 to December 1.

Kia currently sells two versions of the all-new K3 sedan with a 1.6-liter gasoline or a 1.6-liter plug-in hybrid engine in China. It also plans to launch the KX3 SUV with a 1.5-liter gasoline engine and an intelligent variable transmission in the Chinese market in the first half of next year.

The all-new KX3 SUV, a localized model of the entry SUV Seltos for Chinese customers, made its debut at the auto show, which sees the presence of other models of Kia like the K5 plug-in hybrid car, the Sportage SUV and the EV coupe concept Futuron.

Earlier, Kia launched its all-new K5 sedan in the domestic market to boost sales.

The third-generation K5 midsize sedan is available in four trims: a 2.0-liter gasoline, a 1.6-liter turbocharged gasoline, a 2.0-liter LPi and a 2.0-liter gasoline hybrid engine models, with Kia taking orders starting from November 21. The K5's starting price is 24 million won (US$20,400), and it goes up to 34 million won depending on options.

It also plans to launch the entry-level Seltos in the United States early next year to meet rising demand for SUVs.

(ASIA PACIFIC DAILY)