Kia Motors and Coupang announced late last week that they have signed a partnership deal to produce electric trucks by the year 2025. The companies have joined forces to develop all-electric vehicles for cargo delivery.
As per The Korea Herald, Kia Motors and Coupang are planning to unveil their mid-sized and large delivery trucks three years from now. The new electric trucks will have better storage, efficiency, and safety feature compared to the current cargo trucks that Coupang is using.
Kia Motors will apply its experience and technology in making vehicles to provide different solutions, requirements, and services requested by Coupang. It was revealed the e-commerce company asked for trucks that would be suitable for its delivery services.
To improve the work efficiency of its delivery workers, Coupang said that Kia Motors may deliver a truck with sliding doors, lighter shelves, and overall better engineering. The Korean automaker said that its vehicles will be built according to purpose and will be fitted with a “skateboard” chassis which will serve as the main feature in the battery-powered vehicle architecture.
“We hope to make greater achievements in delivery efficiency, safety, and convenience through cooperation with Kia,” Coupang said through one of its officials while Kia also stated, “We will continue to offer diverse PBVs to our customers in logistics and retail, and enhance competitiveness in global PBV business.”
Kia Motors shared that its partnership with Coupang is an important step to reaching its goal to become a global leader in the area of purpose-build vehicle (PBV) market. The companies are also planning to work on autonomous driving vehicles and vehicle charging systems.
Finally, The Korea Economic Daily reported that Kia and Coupang will be launching the new “Coupang cars” in 2025. The two companies’ memorandum of understanding includes joint research and development of a custom vehicle for the latter Coupang.
Under the agreement, Kia and Coupang will release the delivery vehicles for Coupang, and after the successful launch of the PBV, the two may expand their collaboration and develop more electric vehicles for Coupang, including the autonomous types.


Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 



