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Kia Motors to roll out Seltos on July 31 from AP plant

It will come in three variants 1.5 petrol, 1.5 diesel, 1.4 turbo petrol mated with both manual and automatic transmissions.

Kia Motors to roll out Seltos
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Published : Jul 25, 2019, 7:17 PM IST

Hyderabad: South Korean auto major Kia Motors is all set to roll out its first made in India mid-SUV, Kia Seltos, from its plant located in Anantapur in Andhra Pradesh on July 31, according to company sources.

"Kia Motors will roll out the first car from its state-of-the-art manufacturing facility in Anantapur, in the state of Andhra Pradesh on July 31. With this, the company will begin the mass production of the Kia Seltos for the Indian market," sources told.

Earlier in January, the worlds eighth-largest automaker began the trial production of Kia Seltos, and within six months the final product is ready.

The Kia Seltos has already seen more than 6000 pre-bookings in a day, they added.

The 536 acre-Anantapur facility is capable of an annual production capacity of up to 300,000 units, boosting Kia's global manufacturing capability, the automaker said.

Read More:BMW drives in X7 model in India priced at Rs 99 lakh

The ceremony at the Anantapur plant is expected to witness the presence of Kia Motors India leadership- Kookhyun Shim, Managing Director and CEO of Kia Motors along with other officials.

The pre-bookings for the much-awaited SUV commenced online as well as on its 206 sales points in the country from July 16.

The model, upon launch, will be available in two trimsGT lines, which is suitable for the performance enthusiasts, and Tech line, aimed at families.

The Seltos will be BS-VI compliant right from its launch.

It will come in three variants1.5 petrol, 1.5 diesel, 1.4 turbo petrol mated with both manual and automatic transmissions.

A senior official of Kia Motors Corporation had earlier said the Anantapur plant will manufacture four new models, including the Seltos, in the next two years.

Overall, Kia has invested USD 2 billion in India, including USD 1.1 billion at the plant which has a capacity of 3 lakh units annually.

The mid-SUV will be launched in India on the August 22 and the bookings are currently being accepted for a token amount of Rs 25,000, a company press release had earlier said.

Hyderabad: South Korean auto major Kia Motors is all set to roll out its first made in India mid-SUV, Kia Seltos, from its plant located in Anantapur in Andhra Pradesh on July 31, according to company sources.

"Kia Motors will roll out the first car from its state-of-the-art manufacturing facility in Anantapur, in the state of Andhra Pradesh on July 31. With this, the company will begin the mass production of the Kia Seltos for the Indian market," sources told.

Earlier in January, the worlds eighth-largest automaker began the trial production of Kia Seltos, and within six months the final product is ready.

The Kia Seltos has already seen more than 6000 pre-bookings in a day, they added.

The 536 acre-Anantapur facility is capable of an annual production capacity of up to 300,000 units, boosting Kia's global manufacturing capability, the automaker said.

Read More:BMW drives in X7 model in India priced at Rs 99 lakh

The ceremony at the Anantapur plant is expected to witness the presence of Kia Motors India leadership- Kookhyun Shim, Managing Director and CEO of Kia Motors along with other officials.

The pre-bookings for the much-awaited SUV commenced online as well as on its 206 sales points in the country from July 16.

The model, upon launch, will be available in two trimsGT lines, which is suitable for the performance enthusiasts, and Tech line, aimed at families.

The Seltos will be BS-VI compliant right from its launch.

It will come in three variants1.5 petrol, 1.5 diesel, 1.4 turbo petrol mated with both manual and automatic transmissions.

A senior official of Kia Motors Corporation had earlier said the Anantapur plant will manufacture four new models, including the Seltos, in the next two years.

Overall, Kia has invested USD 2 billion in India, including USD 1.1 billion at the plant which has a capacity of 3 lakh units annually.

The mid-SUV will be launched in India on the August 22 and the bookings are currently being accepted for a token amount of Rs 25,000, a company press release had earlier said.

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Magenta Power ropes in HPCL as strategic investor, eyes 500 EV charging points in FY20

          New Delhi, Jul 25 (PTI) Solar power systems provider Magenta Power has roped in state-owned Hindustan Petroleum Corporation Ltd (HPCL) as a strategic investor as it bids to accelerate deployment of electric vehicle (EV) chargers across India, according to a top company official.
          The company is targeting to set up at least 500 EV charging points across India by the end of this fiscal and has entered into partnerships with various malls, restaurants and institutional entities to set up of the infrastructure.
          "We are happy to announce that HPCL is now a strategic investor in our company as well. They have evinced confidence in the work we are doing. They have actually supported us," Magenta Power Managing Director Maxson Lewis told PTI.
          While he declined to share financial details of the investment, Lewis said the partnership will enable Magenta Power to closely work with HPCL to set up EV charging solutions not just at the fuel filling stations of the state-owned oil marketing major but also beyond.
          When asked if Magenta Power is still looking for more funds to meet its expansion requirements, Lewis replied in the affirmative saying the company's business is asset heavy and capital intensive.
          "We are looking for more investors at this point of time. There are a couple of discussions going on," he said without elaborating.
          Commenting on the company's future expansion plans, Lewis said, "we are invested in setting up the infrastructure... As far as numbers are concerned, we intend to set up at least 500 charging points across India by the end of this fiscal."
          At this point of time, he added,"it looks like we are ahead of schedule and looks like we will end up doing more than 500 charging points."
          He said 2019, is going to be a year when a lot of the EV ecosystem will fall into place, be it infrastructure, battery optimisation or technology.
          "And we believe that in 2020 the take off is going to happen," Lewis said, adding "we have taken a collaborative view, with various malls, restaurants institutional entities to support us in setting up of the infrastructure".
          Magenta Power has developed three different types of EV chargers for individual (home), institutional and public charging which have been developed keeping the Indian conditions in mind and can support from two and three-wheelers to four wheelers of both old and new generations of EVs, he added.
          The company on Thursday introduced its 'Charge Grid Pro' series which is targeted at community charging -- be it offices, malls and residential societies, priced between Rs 32,499 to Rs 39,499.
          It comes online connected with a mobile app and command centre allowing EV owners to locate charging stations on map, book charging slots and get charging updates, the company said. PTI RKL
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