The Kia EV6 is the first car from the Korean automaker to be built on a dedicated electric vehicle platform. Here’s what I thought about the EV6 and the E-GMP bones that underpin it — bones that will act as the foundation of millions of Kia, Hyundai, and Genesis cars in the future.
A few weeks ago, I attended the German Car of the Year assessment near Frankfurt, Germany. This was basically an event put on by journalists — in cooperation with automakers — to give writers a chance to drive and grade an assortment of over 40 cars.
I’ve already mentioned the GR Yaris and Toyota Supra that I drove at the event. Those were epic, though it was the EV6 that I had a hard time booking an appointment for, as Kia was giving journalists an exclusive opportunity to drive the preproduction vehicle. (There are few things that make a journalist’s mouth water as much as an exclusive).
A Quick Look At The Platform
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Introducing the platform was automotive design legend Luc Donckerwolke, the now-Genesis designer who had a hand in styling some famous Lamborghinis and more importantly the incredible aluminum-bodied Audi A2.
Kia’s platform is called E-GMP, and it stands for Electric-Global Modular Platform. It’s a big deal because it’s going to underpin many EV Hyundai, Kia, and Genesis cars moving forward. Kia discusses the platform’s flexibility in a press release, saying:
EV6 signals the U.S. launch of Kia’s ‘Plan S’ strategy that will deliver 11 all-new electrified models across the world by 2026.
The E-GMP modular platform maximizes development efficiency and enables the Kia brand to expand its dedicated EV portfolio across multiple vehicle segments – sedans, CUVs, SUVs – in a short time and with minimal complexity. The architecture provides an adaptable foundation with a long wheelbase and wide stance.
It’s not always clear what it means when automakers say vehicles will share a single platform, but you can expect all E-GMP vehicles to share common battery modules, common suspension designs/subframes/mounting points (which means similar track widths), and common drive units and power electronics.
Suspension is a MacPherson strut setup in the front (shown above) and a multilink in the rear (shown below — apologies for the not-so-optimal images):
The big battery pack in between comes filled with 77.4kWh or 58kWh worth of Nickel-Cobalt-Manganese (in ratios of 80 percent, 10 percent, 10 percent, respectively) pouch cells:
Battery voltage is 800V, just like on the Porsche Taycan. Kia says this high voltage potential should enable a charging times of only 18 minutes from 10 percent to 80 percent when using a 350 kW fast charger. Adding 70 miles to an “empty” car should take only five minutes (I’m assuming these numbers apply to the larger 77.4 kWh pack, which Kia says
In the news release, Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles, issued 22-Jul-2021 by Penske Automotive Group, Inc. over PR Newswire, in the first sentence of the second paragraph, Cox Automotive’s technology should be “Esntial Commerce” and not “Essential Commerce”, as originally issued inadvertantly by PR Newswire.
Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles
Digital Platform Enables Consumers to Transact 100% Online
BLOOMFIELD HILLS, Mich. and ATLANTA, July 22, 2021 /PRNewswire/ — Penske Automotive Group, Inc., (NYSE:PAG) and Cox Automotive, Inc. (“CAI”), announced today they have jointly developed a transformational, fully automated technology platform to enable the online retail sale of used vehicles. The automated online buying platform, which is owned exclusively by Cox Automotive,allows consumers to select from high-quality, preowned vehicles through PAG’s U.S. CarShop used vehicle SuperCenters and franchised dealerships.
Cox Automotive’s patent-pending artificial intelligence retail technology, Esntial Commerce™, powers CarShop’s U.S. digital platform to provide consumers with an automated,100% online vehicle purchase. Features include personalized monthly payments across all inventories, trade-in capabilities, application, approval for financing, digital contracting, and digital signatures.
Esntial Commerce offers payment personalization based on the consumer’s risk profile, selected vehicle, and preferred deal structure using an AI/machine learning algorithm. Offering actual financing and the ability to immediately transact online allows consumers to move forward confidently, knowing their financing has been approved.
This industry-first scalable eCommerce platform and its artificial intelligence enable automation for retail operations so that consumers can:
Instantly compare up to four vehicles
Receive personalized payments for the consumer’s selected vehicles based on each consumer’s credit profile, including payments for taxes, titling, and other fees
Select their payment terms based on credit profile
Add aftermarket protection products
Determine trade-in value
Receive approval for financing
Complete and sign deal paperwork online
Make any required down payment
Arrange for delivery directly to the consumer’s preferred location, either at home or one of CarShop’s U.S. locations
CarShop is the first retailer in-market with Cox Automotive’s industry-leading solution. Penske Automotive Group Chair Roger Penske said, “Over the last year the PAG and CAI teams have collaborated on this unparalleled technology that delivers a completely digital solution to the marketplace. This new digital platform meets the digital-first demands of today’s customer while providing us with the opportunity to offer our customers 100% online functionality.”
“Penske’s CarShop powered by Cox Automotive Esntial Commerce delivers personalization, F&I automation, and a seamless closing of the transaction when buying a vehicle online,” said Steve Rowley, President, Cox Automotive. “No one has delivered an automotive eCommerce solution that can scale to support the industry’s transformation for retailers and for consumers – until now. As our solution matures, we expect it to drive both consumer satisfaction and profitability.”
PAG has launched this fully functioning digital platform in select markets through its CarShop used vehicle SuperCenters at www.carshop.com. Cox Automotive continues to focus on development to further enhance the user experience, operational efficiencies, market
NEW YORK, June 21, 2021 /PRNewswire/ — Ride Health, providing smarter transportation for every patient need, today announced the closing of a $10 million funding round led by Topmark Partners. The round also includes equity investment from new investor Excelerate Health Ventures and debt financing from Bridge Bank, alongside participation from all members of the existing investor syndicate led by Activate Venture Partners and Newark Venture Partners. The funding follows a record year of growth for Ride Health in 2020, which saw the business expand operations into 41 states while growing more than five-fold in response to an increased need to support at-risk and underserved populations’ access to medical care and social services.
Ride Health was founded to modernize the non-emergency medical transportation (NEMT) industry’s analog approach to ride coordination, offering an end-to-end transportation solution that automates trip scheduling, ride communications, and benefit management across a national network of ride-hailing services, taxi companies, and NEMT providers. The company partners with health plans, healthcare providers, and life sciences organizations to manage transportation benefits and enterprise programs focused on improving clinical outcomes for populations facing transportation barriers.
Ride Health’s web-based platform is built on deep integrations with the dispatch software used by transportation providers today, allowing the product to provide real-time visibility across the spectrum of vehicle types and service levels required to serve complex populations effectively. The company leverages these inputs to support data-driven approaches to benefit design, performance management, and ride interventions that align NEMT market incentives, reduce administrative burden, and improve patient experience.
“The dispersion of care toward home and community-based settings has accelerated over the past year, with seamless mobility for patients and staff emerging as key infrastructure,” said Imran Cronk, CEO and Founder of Ride Health. “Our patient-centered and agile approach has positioned Ride Health to lead in this future. We are excited to have the support of our partners and investors in accelerating our mission to ensure every patient has access to care and social resources.”
Ride Health plans to use the proceeds from this round to continue investment in expanding its national transportation network, benefit management system, and platform APIs that are central to enabling value-based approaches to transportation. The company’s industry-leading mobility infrastructure is enabling entirely new ways to offer patient transportation, from claims-driven benefit structures with dynamic ride authorizations to cross-organization benefit awareness allowing health plans to put ride coordination in the hands of clinical staff closest to a patient.
“Ride Health is bringing a technology-enabled approach to a vital component of our healthcare system,” said Brian Model, Managing Partner, Topmark Partners. “We are eager to provide our support for their market-leading product as they continue to transform this fast-growing industry reliant on outdated systems and manual workflows.”
About Ride Health Ride Health partners with healthcare organizations and transportation providers to manage transportation benefits, strengthen enterprise transportation programs, and improve access to care and social services for complex populations. We blend technology and data with a
In its 20th consecutive year, KPMG’s Global Automotive Executive Survey allows you to review the responses of almost 1,000 senior executives from the world’s leading automotive companies. In addition, it also presents the opinions of more than 2,000 consumers on topics confronting the automotive industry. Take a closer look at Vehicle2Grid transition – and see trends sooner with KPMG.
Due to the impact of “Digital Gravity”, the automotive industry has taken various measures to tackle the challenges of digital transformation. In order to determine the status quo of digitalization, we have consequently asked more than 500 senior executives in the automotive sector to provide their opinion on topics of leadership, culture, organization, processes and technology. Take a closer look at our digital roadmap and the necessary points for action.