Kia India reaches 1.5 lakh export milestone in three years
Kia has exported over 1.5 lakh vehicles from India. They have five vehicles in the lineup, Sonet, Seltos, Carens, EV6 and Carnival.
Kia India announced on Friday that it has passed the 1.5 lakh export milestone and continues to be the largest UV exporter in India. Kia has shipped 150,395 units to 95 countries to date. It took them 3 years to reach this milestone. The manufacturer ships Seltos, Sonet and Carens to 95 different countries from India. Kia India has exported cars to the Middle East, Africa, Central and South America, Mexico and Asia-Pacific.
Kia started exporting in September 2019. The first vehicle to be shipped to other countries from India was Seltos as it was also their first vehicle for the Indian market. In August 2022, the company recorded its highest ever monthly exports, shipping 8,174 units.
Of total exports, Kia Seltos contributed 72%, followed by Sonet and then Carens. The company shipped 54,153 units in the first eight months of 2022, making it the year’s largest commercial vehicle (UV) exporter. Kia India was also the biggest UV exporter in 2021.
Needless to say, Kia Motors has had great success in the Indian market. In fact, the manufacturer was able to turn a profit in just 2 years after entering India. Kia reported a profit of ₹1,111 crore after tax for the year ended March 2021.
Kia Motors currently has five vehicles in its lineup. There’s Sonet, Carens, Seltos, EV6 and Carnival. Kia’s best-selling vehicle remains the Seltos, followed by the Sonet. Kia is currently in fifth position in the Indian market. They recorded an annual growth of 33.27% and sold 1,66,167 units in the first eight months of CY22. This is 27% higher than the same period last year and well ahead of industry growth of around 17%.
Date of first publication: Sep 10, 2022, 12:21 PM IST