Plan to sell 1.6 million units per year in 2030
Kia, which recently changed both the company name and logo, has set a goal of releasing seven exclusive electric vehicles by 2026 and selling 1.6 million eco-friendly vehicles annually in 2030. It is the appearance of speeding up the transition to electrification. On the 9th, Kia held the’CEO Investor Day’ online on the 9th and re-examined the’Plan S’that was released last year, revealing the three core businesses and mid- to long-term financial and investment goals.
Kia President Song Ho-sung said, “We are proclaiming this year as the first year of Kia’s revolution with a new logo, new design, and new mission. I will do it.” To this end, Kia prepared detailed plans focusing on three core businesses, such as △Specification of electric vehicle (EV) conversion, △PBV business capability enhancement △Mobility business expansion.
Kia plans to sell 1.6 million electric and hybrid eco-friendly cars annually by 2030, increasing the proportion of eco-friendly cars to 40% of the total sales. Electric vehicles are expected to sell more than 880,000 units annually in 2030.
To this end, it plans to launch 7 exclusive electric vehicles by 2026, one year ahead of the previous plan, and build a full lineup of 11 electric vehicles along with 4 derivative electric vehicles. It announced that it will launch the first PBV model, PBV01 next year, and achieve 1 million units per year in 2030 to achieve the number 1 global sales in the PBV market. Kia set a goal to achieve a 3.7% global market share this year by selling 2.922,000 units in the global market this year, up 12% from last year. In addition, he proposed a financial goal of investing a total of 29 trillion won by 2025 and achieving an operating margin of 7.9%. Reporter Do-Hyung Kim [email protected]Go to reporter page>
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