Kia Corporation and Kakao Mobility, South Korea’s leading mobility as a service (MaaS) platform service company, today announced a collaboration to develop purpose-built vehicles (PBVs) optimized for ride-hailing and new mobility services linked to PBVs.
The parties, including Kia's President and CEO Ho Sung Song, Executive Vice President and Head of Korea Business Division Hyug Ho Kwon, and Senior Vice President and Head of the eLCV Business Division Sangdae Kim, as well as Kakao Mobility's CEO Alex Ryu, Executive Vice President Matthew Ahn, and Senior Vice President Christopher Chang, signed a memorandum of understanding (MoU) for the project at Kia's headquarters in Seoul.
Under the agreement, Kia will develop customized PBVs using operation data of vehicles to meet the specific requirements of Kakao Mobility’s ride-hailing services. The developed PBVs are expected to continue to capture operation data during their partnership, bringing further insights.
Kia plans to reflect various solutions developed through this cooperation with Kakao Mobility in its future dedicated PBV models, planned for launch in 2025.
The two companies also intend to collaborate on planning specialized services linking software and vehicle data for Kia’s dedicated PBVs. The service includes enabling interaction between in-vehicle-infotainment and the software platform of Kakao Mobility.
In addition, the collaboration is expected to establish advanced ride-hailing models that can evolve the mobility service market by providing highly personalized mobility solutions for numerous types of customers.
“We are confident that the collaboration will create the optimum synergies through Kia’s mobility technologies, including our leadership in PBVs, and Kakao Mobility's expertise in software and platforms,” CEO Song said. “These synergies can create new value in the mobility service market and further accelerate Kia’s rapid transformation to a sustainable mobility solutions provider.”
Through the collaborative partnership in Korea, Kia and Kakao Mobility will complete the development of a standardized service model for ride-hailing. The two parties will then expand their services to various industries, including the lease and logistics sectors and areas for transporting passengers with specific needs, broadening Kia and Kakao Mobility’s offering to global markets.
In April of this year, Kia celebrated a milestone moment with the groundbreaking ceremony of the new dedicated plant for its PBVs in Korea. The facility is set to begin mass production in the latter half of 2025, with an initial capacity of 150,000 units for the first full year, and room for further expansion in response to evolving market trends.
Motor 283 is the biggest automotive website created by a team of automotive enthusiats and this author page is used to show the readers the press releases and news posted on Motor 283 website.
Chevrolet is proud that the iconic Tahoe continues to set the standard for full-size SUVs, thanks in large part to its powerful V8 engine. As the leader in its class, the Tahoe's V8 offers unparalleled performance, reliability, and efficiency, making it the superior choice for drivers who demand the best.
At the core of the Chevrolet Tahoe is the legendary V8 engine, a testament to Chevrolet's commitment to engineering excellence. With up to 420 horsepower and 460 lb-ft (624 Nm) of torque, the Tahoe's V8 engine delivers an unrivaled driving experience, whether you're navigating city streets or towing heavy loads.
The Toyota GR Yaris, already revered in automotive circles for its punchy performance and compact, rally-inspired design, is getting a special edition in Italy that takes things to another level. This limited-run version of the hot hatch marks a significant milestone in Toyota's motorsport history: 53 years since the automaker secured its first victory in the World Rally Championship (WRC). To commemorate that achievement, the GR Yaris TGR Italy Limited Edition is paying homage to the 1973 Corolla 1600 Coupe that earned Toyota its first WRC win at the Press On Regardless (POR) event in Detroit.
Stellantis Middle East and Africa (MEA) region, integral to the Company's "Third Engine" strategy within its global operations, today marked a significant milestone in its MEA expansion with the launch and local assembly of the Jeep® Grand Cherokee L in Egypt at the Arab American Vehicles (AAV) plant, affiliated with the Arab Organization for Industrialization.
SHARE
