Kia and Kakao Mobility partner for ride hailing service using PBVs

Kia Corporation and Kakao Mobility, South Korea’s leading mobility as a service (MaaS) platform service company, today announced a collaboration to develop purpose-built vehicles (PBVs) optimized for ride-hailing and new mobility services linked to PBVs. 

Under the agreement, Kia will develop customised PBVs using operation data of vehicles to meet the specific requirements of Kakao Mobility’s ride-hailing services. The developed PBVs are expected to continue to capture operation data during their partnership, bringing further insights.

Kia plans to reflect various solutions developed through this cooperation with Kakao Mobility in its future dedicated PBV models, planned for launch in 2025.

Kia plans to launch the PBV MaaS business in 2025 and expand at global level as well as in target areas for logistics and transportation of people with mobility barriers.

The two companies also intend to collaborate on planning specialized services linking software and vehicle data for Kia’s dedicated PBVs. The service includes enabling interaction between in-vehicle-infotainment and the software platform of Kakao Mobility.

In addition, the collaboration is expected to establish advanced ride-hailing models that can evolve the mobility service market by providing highly personalized mobility solutions for numerous types of customers.

“We are confident that the collaboration will create the optimum synergies through Kia’s mobility technologies, including our leadership in PBVs, and Kakao Mobility's expertise in software and platforms,” CEO Song said. “These synergies can create new value in the mobility service market and further accelerate Kia’s rapid transformation to a sustainable mobility solutions provider.”

Through the collaborative partnership in Korea, Kia and Kakao Mobility will complete the development of a standardised service model for ride-hailing. The two parties will then expand their services to various industries, including the lease and logistics sectors and areas for transporting passengers with specific needs, broadening Kia and Kakao Mobility’s offering to global markets.

In April 2022, Kia celebrated a milestone moment with the ground-breaking ceremony of the new dedicated plant for its PBVs in Korea. The facility is set to begin mass production in the latter half of 2025, with an initial capacity of 150,000 units for the first full year, and room for further expansion in response to evolving market trends.