KIA TASMAN to SOP in December, 65,000 Units Annual Target

by May 6, 2024All News, Kia, Slider0 comments

kia tasman

Kia Motors is set to enter the competitive pickup truck market with its upcoming medium-sized model, the Tasman (project name TK1). Scheduled to start mass production at the end of this year, the Tasman will be produced at Kia’s domestic plant, Autoland Hwaseong in Korea. With an ambitious annual production target of 65,000 units, Kia aims to make a significant impact in various global markets, including Australia, Africa, and the Middle East.

Production Plans and Capacity

Following extensive labor-management discussions, Kia has finalized its plans to produce the Tasman at its Autoland facility in Korea. The company has set an aggressive annual production goal of 65,000 units, a notable target for its first-ever dedicated pickup truck model.

Global Market Strategy

Kia’s strategy for the Tasman involves initial shipments to international markets starting early next year. The primary market for the Tasman is Australia, a country where pickup trucks are immensely popular, second only to the United States. Australia alone has an annual sales volume of 200,000 pickup units, dominated by major players like Toyota and Ford.

kia tasman

TASMAN prototype testing in the Arctic Circle with Ford Ranger Raptor

Product Features and Specifications

The Tasman is expected to offer a robust powertrain, combining a four-wheel-drive system with an automatic transmission. Engine options will include a 2.5-liter gasoline turbo and a 2.2-liter diesel engine. Additionally, the Tasman will be available in two configurations: a single cab with a one-row seat and a double cab with a two-row seat.

Electrification and Future Expansion

Aligning with Kia’s mid-to-long-term electrification strategy, an electric version of the Tasman is also under development. This version is expected to feature a high-capacity battery of over 100 kWh, providing more than 400 km of mileage. Kia is also exploring potential expansions into other major markets, including the United States and Europe, where it is currently testing Tasman models under camouflage to ensure quality.

Challenges in the U.S. Market

Entering the U.S. market poses specific challenges for Kia, primarily due to the 25% tariffs on pickup trucks produced outside the U.S. To circumvent this, local production in the U.S. would be necessary, which is currently under consideration by Kia in line with the Korea-U.S. Free Trade Agreement (FTA).

Conclusion

As Kia prepares to launch the Tasman, the automotive world watches closely. With its strategic market choices and robust features, Kia’s first foray into the pickup truck segment could reshape its brand perception and market standing globally. By addressing both conventional and electric vehicle markets, Kia is not just entering the pickup race but is setting the pace for future innovations.

Written by Jose Antonio Lopez

Passionated about Korean cars from Hyundai, Kia & Genesis. Photographer. I love being in nature, hiking. Tech lover.