KGM electric lease

KGM Electric Lease Deals UK

Do KGM have electric cars – is this manufacturer even available in the UK?

The growth of electric cars and vans available to buy or lease in the UK is now bringing new entrants to the market (just look at what Tesla have done in the last 5 years!).  The South-Korean based automotive manufacturer has very much been in and out of the UK over the last 20 years with its predominantly SUV and 4x4 product suite offering cost-effective motoring solutions.

With a tale of mixed fortunes, the group were owned by Mahindra, after it was confirmed in March 2022 that a takeover by Edison Motors had failed. However, in latter 2022 a consortium led by KG Mobility acquired the organisation and in 2023 the name “SsangYong” was removed and changed to “KG Mobility”. This group are focused on EV-dedicated platforms, autonomous vehicles and AI mobility solutions.

At present, UK customers can still enjoy firm favourites like the Tivoli (small SUV), Musso (pickup), Rexton (7 seat SUV) or Korando (5 seat SUV). However, the KGM group also offer two all-electric vehicles – the Korando E-motion and the Torres EVX.

But the South-Korean group are planning to innovate even more electric car options for the UK leasing market, which you can see for yourself on the KGM Motors website.

Why choose to lease a KGM?

The manufacturer has a reputation for cost-effective and frugal transport solutions. With COVID and microchip shortages obliterating the global automotive landscape, many UK customers are furiously pursuing the cheapest EVs to lease and this means exciting opportunities for some of the new vehicle producers.

With existing combustion engine 4x4 products ranging from £18,000 - £40,000, there is some expectation that e-car lease customers will benefit from some marketing leading rentals on a family-sized SUV.

And, as we are quickly finding out, the future of the UK’s zero-emission fleet seems very much in the hands of anything SUV or Crossover. With KGM you also have a group dedicated to the EV movement. This isn’t just about producing vehicles with lithium-ion as a side component; battery functions are crucial to the operation.

How expensive is a KGM  lease?

At the time of writing (April 2024) there are two options including the  Korando e-Motion from £33,995 and the Torres EVX from £44,495. In terms of EVs, this places them within the more affordable segment for the UK’s personal and business lease customers to enjoy.

As with any option, we always stress to customers to explore the bigger picture with electrification; it is not just about the cost of the monthly finance. Using our amazing website and EV-centric tools you can ascertain the cost of the maintenance, charge point installation, electricity tariffs (fuel) and motor insurance for your EV. Whole of Life costs are central to the affordability reviews with any new car.

Is a KGM right for me?

Moving to an electric KGM can be intimidating for some customers, especially if you are driving an EV for the first-time. Suitability is more than just a monthly rental or the aesthetics, and ergonomics, a vehicle offers you or the company.

Much of your decision will pertain to the actual range (based on temperature and driving conditions), the charging speeds (both AC and DC), the performance and your charge point infrastructure. Can you charge your new SUV EV at home? Or are you planning to use a public network to regularly charge? Use our integrated Zap Map tools to understand where you can take your KGM to charge.

For example, note that the KGM E-motion can charge at 6.6 kW AC (10 hour 0 – 100% times) and 80 kW DC rapid charge (40 minute 10 – 80% charge times). The Torres EVX motion can charge at 11 kW AC (8 hour 0 – 100% times) and 120 kW DC rapid charge (37 minute 10 – 80% charge times).  

As contract hire is a fixed term contract, you can simply hand the vehicle back at the end of the term if it isn’t suitable for you or the business; ensure you utilise our advice and guidance.

How do I lease a new KGM?

If you want to lease a new EV from our expert team, just head to our deals section for each model. Our website allows you to get an estimated price by selecting your preferred contract; simply identify your term, annual mileage, initial rental (including no deposit options) and maintenance provisions.

With regards to maintenance, our funder-maintained packages allow you to include the cost of all servicing, tyres and breakdown recovery for the duration of the term (for an additional monthly cost).

When you know that KGM EV is your route to electric driving, simply get in touch with the UK’s leading electric vehicle experts on 01942 910 001 or make an enquiry on the website for an instant quotation. Let our amazing team help to get your electric journey started now.