Kia reveals its electrification plans, announces 15 EVs and a dedicated PBV model by 2030

Kia reveals its electrification plans, announces 15 EVs and a dedicated PBV model by 2030

ABU DHABI: Kia’s CEO, Ho Sung Song has announced that the automaker is trying its best to become an “EV tier 1 brand. The company has developed four pillars to achieve its goal of becoming the global sustainable mobility leader. 

KEY TAKEAWAYS

  • What is Kia’s expected annual sales target for 2030?

    Kia expects 4.3 million annual vehicle sales by 2030.
  • What are Kia's four key business strategies for 2030?

    The four key business strategies of Kia for 2030 are - 4 million annual vehicle sales, annual EV sales goal of 1.6 million units, applying connectivity to EV models by 2025, and becoming a leader in the PBV market.
  • Kia reveals its electrification plans, announces 15 EVs and a dedicated PBV model by 2030

    By 2027 it will introduce an EV lineup consisting of 15 models. The company is also targeting 4.3 million vehicle sales annually in 2030. Kia will also install 3,500 ultra-fast chargers by 2025 in Korea to expand charging infrastructure. Kia’s new autonomous driving technology, ‘AutoMode’ will be launched in 2023 and its first application will be carried out in EV9. It also aims to apply connectivity to EV models by 2025, and develop a tailored business structure and integrated solution in the PBV market by 2030. 

    It plans to sell 258,000 EVs by 2023, 1.6 million units in 2030, and 1,005,000 EVs in 2026, which is 33% more than the estimated figures that were announced last year. It will also focus on the local assembly of EVs to meet with the ever-rising demand of the EV markets around the globe. 

    Kia reveals its electrification plans, announces 15 EVs and a dedicated PBV model by 2030

    Kia’s corporate vision is supported by four basic fundamentals- ‘people,’ ‘planet’ and ‘profit.’ The company will strive to nurture talents, generate profits and work as a responsible corporate citizen, enhance customer value and reduce carbon emissions to save the environment. Kia also plans that all its new vehicles will be available with autonomous driving tech.

    Kia first revealed its Plan S strategy in 2020. The 2030 roadmap is the further extension of the same plan. Kia recorded its highest ever operating profit and gross revenue in 2021. The company aspires to continue this positive momentum in the coming years.

    Also read: Kia doubles down on its electric vehicle portfolio with Concept EV5

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