Kia Motors Corporation today announced that Ho-sung Song, Head of Global Operations Division, has been promoted to President.
Song succeeds Han-woo Park at the head of the South Korean auto maker. Park will move on to an advisory role and continue to support the company’s business objectives.
Before becoming Head of Global Operations Kia Motors Corporation (Executive Vice President) Ho-sung Song had undertaken other heading positions within the multinational, such as: President of Kia Motors Europe (Senior Vice President), Head of Export
Planning Group, Kia Motors Corporation (Vice President) and President of Kia Motors France (Vice President).
The South Korean Multinational underscores that the experience of Song across the automotive value chain as well as his expertise in overseas operations will be huge assets for the company to transition into future businesses, which will encompass electric vehicles and mobility solutions.
Kia’s Plan S strategy, this is the name of the plan, is targetted to transitioning toward electric and autonomous vehicles from a business system focused on internal combustion engine vehicles. The aim of this plan is opening Kia business scope from automotive to mobility services. In this line Kia has recently ramped up collaboration with mobility solutions businesses both at home and abroad. In 2018, the company invested in Grab, Southeast Asia’s largest ride-hailing service, food delivery and payment solutions company; and in Ola in March last year, an Indian Ridesharing company offering Peer-to-peer ridesharing, ride-service hailing, Taxi, Food delivery and other mobility services.
Kia has established and started operating a car-sharing services joint venture with Repsol, Spain’s major energy corporation, in Madrid via its WiBLE brand. Launched in September 2018.
As part of Hyundai Motor Group – signed a joint venture agreement in September 2019 with Aptiv, a world-leading enterprise specializing in the development of autonomous driving solutions.
Through the joint venture, Kia will develop a leading-edge autonomous driving platform by 2022, and run experimental operations in select areas in 2023.
In the EV field, by the end of 2025, the company plans to offer a full line-up of 11 battery electric vehicles. With these models, Kia is looking to achieve a 6.6% share of the global EV market (excluding China), while also attaining a 25% share of its sales from its eco-friendly cars.
Image over the headline.- Ho-sung Song (President Kia).© Kia