ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Kia launches PV5 pilot project with Saudi Arabia's RSG

Kia Corp. said on Monday that it has begun a pilot project in Riyadh, Saudi Arabia, with Red Sea Global (RSG), one of the developers of the kingdom's giga projects, to test its purpose-built PV5 vehicle, according to a report by Pulse, the English service of Maeil Business Newspaper Korea.

ANI Oct 01, 2025 12:39 IST googleads

Representative Image (File Photo/ANI)

Seoul [South Korea], October 1 (ANI): Kia Corp. said on Monday that it has begun a pilot project in Riyadh, Saudi Arabia, with Red Sea Global (RSG), one of the developers of the kingdom's giga projects, to test its purpose-built PV5 vehicle, according to a report by Pulse, the English service of Maeil Business Newspaper Korea.
The initiative follows a memorandum of understanding signed in March 2024 between Hyundai Motor Group and RSG to introduce eco-friendly mobility solutions.
Saudi Arabia launched its Saudi Vision 2030 strategy in 2016 to shift away from its oil-dependent economy and secure long-term growth drivers.
"RSG, one of the five giga projects officially announced under Vision 2030, is developing eco-friendly luxury resorts and wellness tourism complexes along the Red Sea and western coast. Other giga projects include Neom, a futuristic smart city; Qiddiya, an entertainment hub; Roshn, a housing development; and Diriyah, a heritage site project," the report said.
The report said that for the pilot, Kia will provide PV5 passenger models and training support for vehicles and technologies to expand sustainable mobility within RSG's projects. The automaker aims to deliver tailored solutions optimized for RSG's tourism operations.
The trial sites include The Red Sea, Saudi Arabia's flagship tourism destination, and AMAALA, an eco-friendly wellness tourism complex on the western coast. Testing will focus on transport services within resort areas and between the complexes and Red Sea International Airport.
"Based on the results, Kia will explore developing PV5 cargo models optimized for resort logistics and specialized conversion models for luxury resort operations. The company is also considering introducing the larger PV7, an electrified purpose-built vehicle slated for release in 2027," the report said. (ANI)

Get the App

What to Read Next

Business

India pushes for green ship recycling, euro-compliant yards

India pushes for green ship recycling, euro-compliant yards

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Read More
Business

Producer-Actor Adarsh Gunduraj Launches Trailer of ‘Calendar’

Producer-Actor Adarsh Gunduraj Launches Trailer of ‘Calendar’

New Delhi [India], March 12: The team behind the upcoming women-centric film Calendar unveiled the trailer during a press conference in Mumbai on March 12, 2026. They took the opportunity to share insights about the project and its concept with the media.

Read More
Business

With India’s Fasteners Market Projected at USD 17 Billion by 2034

With India’s Fasteners Market Projected at USD 17 Billion by 2034

New Delhi [India], March 12: The Indian fasteners market continues to demonstrate strong momentum, having reached USD 11.2 billion in 2025 and is projected by the IMARC Group to surge to USD 17.0 billion by 2034, reflecting a robust CAGR of 4.67% during 2026-2034. This dynamic growth is fueled by the expansion of the automotive, construction, and industrial sectors, as well as increasing demand for high-performance, lightweight fasteners, and strategic government initiatives such as "Make in India." In this thriving context and to boost domestic manufacturing, Messe Stuttgart India has launched FASTNEX 2027 with its highly anticipated Signature Edition, set to take place from 8th to 10th February 2027 at the Bombay Exhibition Centre, Mumbai. The event stands as a crucial platform for industry professionals to showcase innovative products, access market intelligence, foster collaborations, and expand their business networks, ultimately contributing to the overall advancement of India's manufacturing sector.

Read More
Business

BPTP Receives 'Iconic Project - Commercial' Recognition

BPTP Receives 'Iconic Project - Commercial' Recognition

New Delhi [India], March 12: BPTP, a real estate developer operating in North India, has been honoured with the Iconic Project - Commercial award at the 5th Economic Times Real Estate Conclave & Awards 2026 (ETRECA 2026). The award ceremony was held at Taj Santa Cruz, Mumbai, with participation from industry stakeholders including developers, architects, and investors.

Read More
Business

Lexlegis to Showcase AI-Driven Legal-Tech Solutions at NVIDIA

Lexlegis to Showcase AI-Driven Legal-Tech Solutions at NVIDIA

Mumbai (Maharashtra) [India], March 12: Lexlegis, a pioneering legal-tech and AI-driven compliance solutions company, will participate in the prestigious NVIDIA GTC (GPU Technology Conference), scheduled to take place from March 16 to March 19, 2026, in San Jose. The company will exhibit its latest innovations at Booth #4054, engaging with global technology leaders, developers, and enterprises exploring the transformative power of artificial intelligence.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.