Kia to introduce Carens EV and mass market EV in 18 months

With an eye on building a portfolio of 15 electric vehicles by 2027, South Korean carmaker Kia has a dedicated emerging market strategy for markets like India that will help the company attain its target of 1.6 million EV sales by 2030.  Ho-Sung Song, Kia President and CEO told investors on Friday, that in emerging… Continue reading Kia to introduce Carens EV and mass market EV in 18 months

Indian market to remain flat in 2024, Kia to grow by 13% – Kia global CEO Song

Ho-Sung Song, the global president and CEO of Kia expects the Indian market to remain flat in 2024. However, he said that the brand will post 13% growth in India.   On his expectations for India, Song said, “The industry demand for India is expected to be around 4.1 million units in 2024, the same as in… Continue reading Indian market to remain flat in 2024, Kia to grow by 13% – Kia global CEO Song

Kia global CEO targets annual sales of 4 lakh units in India by 2030, expects 10% CAGR

South Korean car major Kia has set a target of selling 4 lakh units annually in India by 2030 thereby aiming for a 10% compound annual growth rate (CAGR) over the next seven years. Addressing the CEO Investor Day 2024 in Seoul, Korea on Friday, Ho-Sung Song, the president and CEO of Kia said, “We forecast sales… Continue reading Kia global CEO targets annual sales of 4 lakh units in India by 2030, expects 10% CAGR

Kia targets sales of 1.6 million EVs annually in 2030, 15 new models include Carens EV for India

Kia Corporation today announced an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea. The update on its 2030 strategy announced last year is a response to uncertainties across the global mobility industry landscape. Kia has updated its mid-to-long-term business strategy with a focus on electrification, and its… Continue reading Kia targets sales of 1.6 million EVs annually in 2030, 15 new models include Carens EV for India

Kia targets sales of 1.6 million EVs annually in 2030, 15 new models include Carens EV for India

Kia Corporation today announced an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea. The update on its 2030 strategy announced last year is a response to uncertainties across the global mobility industry landscape. Kia has updated its mid-to-long-term business strategy with a focus on electrification, and its… Continue reading Kia targets sales of 1.6 million EVs annually in 2030, 15 new models include Carens EV for India

Renault Espace could return as retro electric MPV

Renault is considering reviving the Espace MPV, as the flexibility of the company’s electric car platforms enables it to explore and revisit a range of different bodystyles. The Espace is currently a stretched seven-seat version of the Austral hybrid SUV, but Autocar understands the name could be redeployed for an electric people carrier that’s truer to the… Continue reading Renault Espace could return as retro electric MPV

@Hyundai: 2024 CEO Investor Day : Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’ Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand Goal to sell 1.6 million EVs annually in 2030, introducing 15 models PBV… Continue reading @Hyundai: 2024 CEO Investor Day : Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

How three high-tech countries became laggards in electric vehicles

A third of the global population still lives in places where EVs make up less than 5% of car sales — including India, Indonesia and the entire continent of Africa. Japan meets all the conditions that should make it a frontrunner in electric vehicles: above-average incomes, a robust auto industry, high rates of new-car purchases,… Continue reading How three high-tech countries became laggards in electric vehicles

Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’ Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand Goal to sell 1.6 million EVs annually in 2030, introducing 15 models PBV to play… Continue reading Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

Toyota is already offering $10k off a lease for its fully electric 2024 bZ4X

Photo: Toyota Toyota has made its fully electric 2024 bZ4X – which only just landed on dealers’ lots – available to lease with a $10,000 discount. Toyota’s 2024 bZ4X lease deal Toyota released prices and specs of the 2024 bZ4X in January, and it hasn’t even been available at dealerships that long. But CarsDirect reports… Continue reading Toyota is already offering $10k off a lease for its fully electric 2024 bZ4X