Kia Motors Corporation

Corporate

Founded in 1944, Kia sells around 3 million vehicles a year in 190 countries, with manufacturing facilities in five countries and annual revenues exceeding US$49bn.

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Portfolio companies

Arrival

Arrival provides a financial platform that consolidates household utility bills and rent payments for tenants.

Recent investments

Growth16 January 2020

£85.2M

Arrival secures £85.2m from Hyundai and Kia to accelerate commercial electric vehicle production.

FinTech

Hyundai and Kia led the investment round to support the joint development of commercial electric vehicles.

"Arrival has created a game changing product category – Generation 2 Electric Vehicles. Hyundai and KIA make world-class vehicles with uncompromising quality. This strategic partnership will empower our companies to scale Generation 2 Electric Vehicles globally"

— Denis Sverdlov, Founder and CEO

Arrival—London, UK

Hyundai Motor Company + 1 other