Kia is following in the footsteps of Ford, GM, and Rivian as it prepares to “be reborn as a central brand.” With plans to build a second factory for purpose-built EVs, Kia aims to take advantage of the growing need for PBVs.
The South Korean automaker proposed the plan during wage talks with union workers Friday, according to industry sources.
Kia looks to compete in the emerging tailor-made vehicle segment over the next several years. In a keynote speech this week, Song Ho-Song said that to sustain growth, “transformation of the entire business is necessary.”
He emphasized Kia’s transition from an auto manufacturing business to a “mobility solutions” brand. The brand will spearhead Hyundai’s expansion into new segments.
Kia will not only sell electric cars but also new services like purpose-built EVs, car sharing, and car-hailing.
In April, Kia began construction on its first PBV factory (and the first all-EV plant in South Korea). The company invested roughly $758 million (1 trillion won) with plans to produce 150,000 units annually, starting in the second half of 2025.
(Source: Kia)
Kia will begin building purpose-built EVs in 2025
The company’s first purpose-built EV, codenamed “SW,” will be revealed in 2025. Kia says the mid-sized PBV will be based on a new dedicated platform for purpose-built EVs.
According to Kia, the electric SW model will support delivery, ride-hailing, and B2B with a spacious interior and optimized load structure.
(Source: Kia)
Following that, Kia plans to expand into large-size PBVs that will be used for fresh food delivery, logistics, shuttles, mobile offices, and stores. The company will also launch smaller PBVs and robotaxis.
The larger models will be built at Kia’s second electric PBV plant starting in 2028. Kia’s new facility is expected to be at its production center 50 miles southwest of Seoul.
Post 2025 electric EDV plans (Source: Kia)
Kia sees larger purpose-built EVs as a potential revenue driver in the future. Automakers like General Motors sell PBVs to major corporations like FedEx and Walmart.
GM established Brightdrop, an all-electric delivery business, in 2021. Companies like FedEx and Ryder have already begun deploying Brightdrops electric last-mile delivery vans.
Meanwhile, Ford’s E-Transit was the best-selling electric cargo van in the US in September and has also been leading in Europe.
Amazon Rivian EDV version (Source: Amazon)
California-based Rivian has also made progress with its electric delivery van (EDV). The EV maker earned a commitment from e-commerce giant Amazon to purchase 100,000 EDVs by the end of the decade. Rivian’s EDVs even reached Europe this summer with a new design for city travel.
Kia wants to lead the segment with over 1.5 million PBV sales by 2030. It has already secured several customers, including CJ Logistics and Coupang.
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Mercedes will use the designation “with EQ technology” rather than naming its EVs with separate “EQ” model names, to focus on treating them more like normal models – in what this author considers an overdue move.
For many years now, Mercedes has added “EQ” to the model name of its electric models, as in the Mercedes EQS, EQE and so on. It’s meant to stand for “electric intelligence,” a play on the concept of “IQ.”
Since then, Mercedes has carried it over into all of its electric models, treating “EQ” as a separate sub-brand or a model line on its own, to distinguish it from the company’s staid fossil-powered offerings.
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But that has led to some confusion among buyers. With models named EQA, EQB, EQC, EQE, EQE SUV, EQS, EQS SUV, EQV, and EQT, it starts to look like alphabet soup.
Mercedes noticed this confusion and commented on it back in 2023, when it first announced its plan to drop EQ branding from its model names.
Mercedes buyers are used to the convention of naming vehicles with lettering based on body style and numbers based on engine displacement. But for the EV line, all vehicles share the letters “EQ,” which could lead customers to think that there is some similarity between them, and engine displacement doesn’t really make any sense to apply to an EV. So there is room for confusion there.
Instead, Mercedes now says it will follow the convention it established with the release of the electric G-Class, which it officially calls “G580 with EQ technology.” That “with EQ technology” portion will stick and be carried through other Mercedes EVs, like the upcoming electric CLA. Plug-in hybrids will use “with EQ hybrid technology” as their designation.
Mercedes is treating this as somewhat of a compromise between dropping “EQ” entirely and still maintaining continuity with its past electric models. In this way, there is still a way to tell that a model is electric, but they will be treated more like “normal” models within the model range, instead of as a separate sub-brand.
Alongside these changes, Mercedes has also signaled a return to more “traditional” designs for its EVs, such as a fake grille for the 2025 EQS and perhaps less streamlined exterior shapes for upcoming EVs.
Electrek’s Take
It’s a bit of a mouthful, especially on the first available model with such naming, the G580 with EQ Technology – but we expect that people will start calling it “the electric G-Class” or “G-Class EQ” (perhaps a similar treatment to how people use AMG) or thereabouts, and that as other models gain the same designation, they will get the same colloquial treatment until it eventually feels normal. (Although, we still don’t know what the “580” means in that name).
And, I have long thought that automakers should do something like this, and treat electric models as normal models rather than some foreign thing.
We’ve seen a lot of odd naming conventions from automakers as they try to figure out what to call their EVs – like Audi, which originally introduced the E-tron as a singular concept model and later ended up using it as a designation for anything with an electric motor, or BMW, which started a separate “Projekt i” sub-brand in the early days (with actually interesting designs for once), then killed it off, then brought back the “i” to make more conventional-looking vehicles.
My theory is that by treating models as something foreign, something different, you create an internal conflict within the organization, confusion among customers, and all-in-all make the EVs seem less like a “normal” choice that a buyer could make. It almost feels like you’d have to go to a separate dealership, talk to a separate specialist, in order to find an EV. It adds another layer of friction which could push customers away.
But EVs don’t need to be different and weird, especially here in 2025 where just about everyone at this point has seen them, taken rides in them, has a friend who has one, or something of the sort. And if the entire auto industry is going to electrify – which, I think it bears repeating, is happening andis inevitable, no matter who tries to stop it – at some point we need to drop this idea that EVs are “something else” and recognize that they’re just cars.
So, why not call EVs something normal? Every gas car gets its own name – Tucson, Elantra, Camry, Palisade – so why can’t EVs just be normal too? Let’s get more Taycans, more Dolphins, more Leafs.
And, this is one step along the way towards that for Mercedes, and that’s a good thing. Other automakers should consider the same.
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Ram Trucks introduced the 2026 Ramcharger pickup this week, its first range-extender electric vehicle (REEV). CEO Tim Kuniskis claims it’s “the ultimate electric truck” with up to 690 miles of range and can tow up to 14,000 lbs. Meanwhile, Ram continues to put its fully electric pickup, the Ram 1500 REV, on the back burner.
Meet the 2026 Ram 1500 Ramcharger REEV pickup
The 2026 Ram 1500 Ramcharger includes a 3.6 L V-6 engine, a 27-gallon gas tank, and dual electric motors, one on each axle.
Combined with a massive 92 kWh battery, the pickup can drive up to 690 miles, or what Kuniskis calls an “unlimited” range.
Powered solely by electric power, Ram says the pickup has a driving range of around 145 miles. After the battery runs out of juice, the gas engine kicks on to extend its range.
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The Ramcharger is the truck maker’s most powerful pickup right now. Powered by a dual motor powertrain and 400V platform, the REEV pickup packs 647 horsepower and 610 lb-ft of force. In comparison, the 2025 RAM RHO performance truck only has 540 hp and 521 lb-ft of torque.
Ram 1500 Ramcharger (Source: Stellantis)
Ram expects the Ramcharger to accelerate from 0 to 60 mph in 4.5 seconds, just beating the RHO’s 4.6-second time. However, it’s still under the Ford F-150 Lightning at under 4 seconds and not even close to the Tesla Cybertruck’s (Beast) 2.6 seconds mph time.
However, with a towing capacity of up to 14,000 lbs, the Ramcharger beats out the Lightning (10,000 lbs) and Cybertruck (11,000 lbs).
Ram 1500 Ramcharger Tungsten (Source: Stellantis)
As you can see, the REEV pickup is basically a replica of other Ram models with updated badging. The inside will be loaded with Stellantis’ latest tech and software, including Hands-Free Highway Assist.
Like the Jeep Wagoneer S, the Ramcharger’s interior will include plenty of screens, including a 14.5″ infotainment, a 12.3″ driver display, and a 10.25″ passenger screen.
Ram 1500 Ramcharger interior (Source: Stellantis)
The 2026 Ramcharger will go on sale later this year. Although prices will be revealed closer to launch, it’s expected to cost around $65,000 to $70,000, but prices could start closer to $80,000.
“With unlimited battery-electric range, the Ram 1500 Ramcharger is the pinnacle of the light-duty pickup truck segment and the ultimate electric truck,” Kuniskis said.
Meanwhile, Ram’s first fully electric pickup, the Ram 1500 REV, is delayed indefinitely. Ram’s electric pickup was expected to arrive by the end of 2024, but the company pulled ahead the REEV model due to “overwhelming” demand. Stellantis said it would launch the REV in 2026, but even that looks like it could be getting pushed back. When, or if we will ever see, the fully electric version remains up in the air. We’ll keep you updated when we hear more.
Tesla has acquired parts of bankrupted automation engineering firm Manz based in Germany. It will on board about 300 of its employees.
Manz is a “German multinational engineering company active in the fields of automation, laser processesing, metrology, wet chemistry and roll-to-roll processing.”
The company has filed for bankruptcy protection and announced today that it signed an agreement with Tesla Automation, a subsidiary of Tesla, to acquire parts of its assets.
Manz announced that Tesla will on board about 300 of its employees and take over its operations at its Reutlingen site:
Manz AG’s insolvency administrator and Tesla Automation GmbH, based in Prüm, a subsidiary of the US electric vehicle manufacturer Tesla, Inc., Austin (USA), have signed a purchase agreement on 24 February 2025. Tesla Automation, which specializes in the construction of special-purpose machines at its three German locations, intends to operate an additional location in Reutlingen in the future. For this purpose, Tesla Automation will take over more than 300 employees at the Reutlingen site and acquire movable tangible assets. Tesla Automation will also use the Manz company property in Reutlingen. The completion of the transaction is still subject to the approval of the German Federal Cartel Office under merger control law. The insolvency estate will receive the proceeds of the sale. The parties agreed not to disclose the purchase price.
It sounds like those operations were similar to Tesla’s ongoing operations at its automation group, who design and build manufacturing equipment for the automaker.
Lothar Thommes, Managing Director at Tesla Automation, commented on the announcement:
“We are gaining qualified employees with a high level of expertise in high-tech mechanical engineering. The Reutlingen site is an ideal complement to the continued successful implementation of our global automation projects in the Tesla Group. We are very pleased to be realizing future innovations there.”
Tesla is not onboarding all employees from the specific Manz group. About 100 people are expected to lose their jobs.
The two companies didn’t disclose the terms of the deal.
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