Kia Corporation to cross the 4-million mark in global sales by 2026, with 25% of the volume made up of electric vehicles (EVs) as its long-term strategy focusses on electrification. By the end of the decade, the Korean carmaker which is part of the Hyundai Motor Group, aims to achieve an annual sales target of 4.3 million units.
It also plans to become a leading EV brand by raising the proportion of electrified car sales to 55% (2.38 million units) in 2030. This is a 7.5% (300,000 units) increase from the 2030 target announced last year, while the global sales target for electrified vehicles has increased by 15.5% (320,000 units).(more…)