Deals Counterparts

Kia

company 1 Deal 2 Partners

Kia Corporation, a global automotive manufacturer and part of Hyundai Motor Group, is headquartered in Seoul, South Korea, with approximately 52,000 employees. The company is actively expanding its electric vehicle (EV) lineup and investing in related charging infrastructure, sustainable mobility solutions, and renewable energy integration for its global operations.

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Founded 1944 52,000 employees Parent: Hyundai Motor Group
Automotive ManufacturerOEM/EquipmentDeveloperOfftaker

Strategic Overview

  • Kia's infrastructure strategy is primarily driven by its transition to electric vehicles, focusing on building out and partnering for EV charging networks globally.
  • The company is committed to sustainability, aiming for carbon neutrality across its operations, which includes significant investment in renewable energy for its manufacturing facilities.
  • Kia explores future mobility solutions, including Purpose-Built Vehicles (PBVs) and integrated services, which contribute to smart city infrastructure development.

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Deal Activity from Public Sources

Hyundai Motor Group (including Kia) joined IONITY as a strategic partner and shareholder to expand high-power EV charging infrastructure across Europe.
Joint Venture EV Charging Germany September 2020 with IONITY
Kia provides its electric vehicle owners with access to Electrify America's extensive charging network in North America.
Partnership EV Charging United States November 2021 with Electrify America
Kia announced its commitment to achieve carbon neutrality by 2045, including transitioning all domestic production sites to 100% renewable energy by 2040.
Development Solar PV South Korea October 2021

Investment Focus

Technologies
Storage1

Key People

Ho Sung Song
President & CEO

Track Record

80
Years Active
Notable projects: Investment in IONITY high-power charging network, Partnerships for EV charging infrastructure in North America and Europe, Commitment to 100% renewable energy for domestic production sites by 2040

Detailed Analysis

Technologies
EV Charging (2 deals)Battery StorageSmart CitiesSolar PV
Geographies
South Korea (1 deal)Germany (1 deal)United States (1 deal)Canada (1 deal)United KingdomFranceItalySpainSlovakiaChina
Deal Stage
Greenfield

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