Kia Corporation today provided an update on its future strategies through the Kia CEO 2023 Investor Day event held in Seoul. The Korean carmaker has updated its mid- to long-term business strategy with a focus on electrification. Kia’s updated 2030 annual sales target is 4.3 million units, of which 2.38 million units – or 55%… Continue reading India-made EV by 2025, Kia targets 1.6 million EV sales by 2030
Tag: Strategy
@Hyundai: 2023 CEO Investor Day : Kia accelerates EV transition with target of 1.6 million EV sales by 2030
– Kia to continue its four core strategies to transform into a ‘Sustainable Mobility Solutions Provider’ ① Global sales: 2030 global sales goal of 4.3 million units② Electrification: Annual EV sales goal of 1.6 million units by 2030 with 15 EV models by 2027③ Product Strategy: Kia to apply connectivity to all new models by… Continue reading @Hyundai: 2023 CEO Investor Day : Kia accelerates EV transition with target of 1.6 million EV sales by 2030
Kia aims to reach $122B gross revenue by 2030
A year after Kia unveiled its roadmap to sustainable mobility by 2030, the Hyundai-owned brand has upped the ante. At the company’s 2023 CEO Investor Day Wednesday, Kia’s leadership said the company aims to reach KRW 160 trillion ($122 billion) in gross revenue by 2030. The financial goal is part of a general update of… Continue reading Kia aims to reach $122B gross revenue by 2030
Morgan Stanley, BP Ventures back Indian e-mobility startup Magenta
Indian electric mobility startup Magenta Mobility has closed a $22 million Series A1 round, backed by $11 million each from Morgan Stanley India Infrastructure and BP Ventures. Magenta will use the all-equity investment to boost its existing logistics and last-mile delivery fleet operations. The Navi Mumbai-headquartered startup has a fleet of 800 three-wheeled electric cargo… Continue reading Morgan Stanley, BP Ventures back Indian e-mobility startup Magenta
Global Heavy-Duty Trucks Market to Grow at a 4.3% CAGR in the Post-Pandemic Period Due to Significant Growth in the Asia-Pacific Region [260-Pages] | Described by Research Dive
The global heavy-duty trucks market is expected to grow primarily due to growing demand for event management business. Above 500HP sub-segment is expected to flourish immensely. The market in the Asia-Pacific region is predicted to grow at a high CAGR by 2031 NEW YORK, April 4, 2023 /PRNewswire/ — Global Heavy-Duty Trucks Market Forecast Analysis:… Continue reading Global Heavy-Duty Trucks Market to Grow at a 4.3% CAGR in the Post-Pandemic Period Due to Significant Growth in the Asia-Pacific Region [260-Pages] | Described by Research Dive
Freight Chartered Air Transport Market Overview: Expected Market Size, Major Drivers, Key Trends and Leading Region – By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, April 4, 2023 /PRNewswire/ — As per The Business Research Company’s Freight Chartered Air Transport Global Market Report 2023, the global freight chartered air transport market size will grow from… Continue reading Freight Chartered Air Transport Market Overview: Expected Market Size, Major Drivers, Key Trends and Leading Region – By The Business Research Company
The Kingdom of Bahrain launches Golden License to attract large-scale investment projects
MANAMA, Bahrain, April 3, 2023 /PRNewswire/ — Bahrain today announced the launch of a Golden License, providing incentives and streamlined services to foreign and local businesses with large-scale investment projects in Bahrain, in an important step in the country’s pursuit to incentivise investments and boost job creation under its fiscal and economic reforms. The move… Continue reading The Kingdom of Bahrain launches Golden License to attract large-scale investment projects
Magenta Mobility raises USD 22 mn from bp, Morgan Stanley India Infra
With more than 100 million online shoppers, and the government’s target of electrification of e-commerce delivery and logistics by 2030. Electric mobility solutions provider Magenta on Wednesday said it has closed a Series A1 funding round with USD 22 million equity investment from the UK-headquartered bp and Morgan Stanley India Infrastructure-managed investment fund. The company… Continue reading Magenta Mobility raises USD 22 mn from bp, Morgan Stanley India Infra
Indian rupee set to weaken further in coming months
A fifth of respondents forecast the currency will change hands at 82.90/dollar or weaker as early as next month. The Indian rupee, one of the worst-performing Asian currencies last year, will fall further in the coming months and is expected to drift back to trade around where it is now in 12 months, according to… Continue reading Indian rupee set to weaken further in coming months
2023 CEO Investor Day: Kia accelerates EV transition with target of 1.6 million EV sales by 2030
– Kia to continue its four core strategies to transform into a ‘Sustainable Mobility Solutions Provider’ ① Global sales: 2030 global sales goal of 4.3 million units ② Electrification: Annual EV sales goal of 1.6 million units by 2030 with 15 EV models by 2027 ③ Product Strategy: Kia to apply connectivity to all new… Continue reading 2023 CEO Investor Day: Kia accelerates EV transition with target of 1.6 million EV sales by 2030