Friday, 24 March, 2023

Kia aims to have 14 EV models by 2027

<p>Hyundai Motor&rsquo;s sister company, Kia has set a goal of launching 2 EV models a year till 2027 and has 14 EV models in total. The automobile company has expansion plans in place to increase overall sales of EVs from 17% to 52% by 2030. Among the plans, Kia also has an entry-level EV for emerging markets which will be built in India. Kia first announced their &ldquo;Plan S&rdquo; in 2020 to become a sustainable mobility solutions provider and they will be investing $23B by 2026.</p>