Automobiles
Kia looks to double hybrid sales by 2028 amid EV headwinds
South Korean automaker plans $28bn in R&D to cover lost ground
Kia's hybrid Carnival minivan, released in November, earned praise for its power and fuel economy. (Kia)
NAMI MATSUURA, Nikkei staff writer | South Korea
SEOUL -- Hyundai Motor Group affiliate Kia aims to double hybrid sales by 2028, releasing hybrid versions of existing nine major models as the automaker reconsiders its focus on the competitive electric vehicle market.
At an investor day event on April 5, Kia CEO Song Ho-sung outlined the company's shift in plans, sparked by slowing EV demand.
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
Celebrate our next chapter
Free access for everyone - Sep. 30
Find out moreSource : Nikkei Asian Review
Posting Komentar
Posting Komentar