Wednesday, November 20, 2024
Electric VehicleEV News

Kia Carnival is Back Again in India

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The much-awaited return of Kia Carnival after the MVP’s debut back in 2020. The Korean auto giant will expand its portfolio in India by introducing the lavish and luxury electric car EV9, showcased in India during the Auto Expo 2023. The three-row EV SUV personifies itself as a beast, with features like LED headlamps, digital Tiger Face, and Star Map LED. EV9 shows that it is built for terrains with a ground clearance of 200mm and wheel sizes ranging from 20 to 22 inches.

India EV Market Size and Growth

As per the Precedence Research’s detailed report on the India electric vehicle market size accounted for USD 11.36 billion in 2024, grew to USD 18.79 billion in 2025, and is anticipated to touch USD 1,053.10 billion by 2034. The Indian EV industry is growing at a healthy CAGR of 57.3% from 2024 to 2034.

India Electric Vehicle Market Size 2023 to 2034

The MVP concept influences the Kia Carnival, making it unique and suppressing the possibility of rivals in the Indian electric vehicle market. In fact, the premium features and advanced technology used in Kia EV9 and Kia Carnival will attract a consumer base from some of the big giants in the Indian vehicle market like Toyota Innova Hycross, Maruti Suzuki Invicto, Toyota Fortuner, and MG Gloster. Luxury brands like Mercedes-Benz EQE and BMW iX will be tough opponents for the Kia EV9.

The premium features are based on the Electric-Global Modular Platform (E-GMP), which is expected to make a path for Hyundai electric cars in India. With a power output of 378 bhp and acceleration ranging from 0-100 kmph in a mere 5.3 seconds, the Kia EV9 promises consumers a powerful electric rush. The price range of Korean EVs is expected to be between Rs.85 lakhs and Rs.90 lakhs (ex-showroom). Apart from this, Carnival MVP, which was priced at Rs. 35 lakhs will be priced at Rs.50 lakh (ex-showroom), and will be introduced through Completely Built Unit (CBU). Kia EV9 being the second electric car of the brand, offered to India had also won World Car of the Year Award since it was globally launched last year.

A recent report from Precedence Research reveals that India’s EV production capacity is projected to grow by 38% in 2024, showcasing the consumption and demands of the consumers for electric vehicles.

The integration of technological advancements will increase the popularity of the Kia EV9 in a very short period. Safety features like ADAS, blind-spot monitoring, lane-keeping assistance, adaptive cruise control, and automatic emergency break will ensure consumers that their safety is in good hands.

The Indian Government initiative will also strengthen the promotion of new models, as NITI Aayog has set targets to achieve 30% EV sales penetration by 2030.

Vehicle Type Target
Private Cars 30%
Commercial Vehicles 70%
Buses 40%
Two-wheeler 80%
Three-wheeler 80%

The Indian government has set a target of 100% local production of EVs as part of the ‘Make in India’ initiative. With a target of 49% CAGR from 2022 to 2030, the Indian government wants annual EV sales of one crore units by 2030.

We’ve prepared a service to support you. please feel free to contact us at sales@precedenceresearch.com | +1 804 441 9344

Mahima
mahima@towardsevsolutions.com | Website | + posts

Meet Mahima, a voice you’ll want to follow in the electric vehicle (EV) industry. With a rich background in journalism and mass media, Mahima doesn’t just report the facts; she tells the story behind the revolution. Her expertise of over four years in writing positions her uniquely as someone who knows how to engage, inform, and inspire her audience. Whether she’s diving into the latest EV technologies or exploring the future of sustainable mobility, Mahima delivers insights that go beyond the surface, making her work a must-read for enthusiasts, professionals, and curious readers alike.

In every article, blog, or feature, she brings a human touch to the world of electric vehicles. She weaves narratives that highlight how the shift toward electrification is transforming economies, reshaping consumer preferences, and pushing the boundaries of innovation. Her sharp analytical skills allow her to see connections others might miss, offering fresh perspectives on trends that are shaping the automotive landscape.

Mahima

Meet Mahima, a voice you’ll want to follow in the electric vehicle (EV) industry. With a rich background in journalism and mass media, Mahima doesn’t just report the facts; she tells the story behind the revolution. Her expertise of over four years in writing positions her uniquely as someone who knows how to engage, inform, and inspire her audience. Whether she’s diving into the latest EV technologies or exploring the future of sustainable mobility, Mahima delivers insights that go beyond the surface, making her work a must-read for enthusiasts, professionals, and curious readers alike. In every article, blog, or feature, she brings a human touch to the world of electric vehicles. She weaves narratives that highlight how the shift toward electrification is transforming economies, reshaping consumer preferences, and pushing the boundaries of innovation. Her sharp analytical skills allow her to see connections others might miss, offering fresh perspectives on trends that are shaping the automotive landscape.