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Kia targeting annual sales of 1.2M BEVs by 2030; 14 BEV models by 2027 including two electric pickup trucks

Green Car Congress

Kia Corporation described its roadmap to 2030 at the company’s 2022 CEO Investor Day virtual event. The roadmap builds on Kia’s successful Plan S strategy first announced in 2020. Kia also announced its four key business targets for 2030. The aim is to achieve 4 million units in 2030, a 27% increase from Kia’s target for 2022.

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Kia will push EV leasing to harvest tax credit score boon

Baua Electric

Kia The united states will incline aggressively into an Inflation Relief Office provision that permits it to go ailing a $7,500 federal incentive to electrical automobile shoppers who choose to hire as opposed to purchase, in line with Eric Watson, the automaker’s gross sales leading. Watson stated.

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Hyundai Motor Group signs MOU with SK On to secure EV battery supply for N America

Green Car Congress

Hyundai Motor Group plans to produce various EV models in the United States through Hyundai Motor Alabama Plant (HMMA), Kia Georgia Plant (KaGA), and Hyundai Motor Group New Plant (HMGMA). SK On’s batteries are already installed in the Hyundai IONIQ 5, IONIQ 6, and Kia EV6.

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Tesla’s plans for Giga Texas prove everything is bigger in the Lone Star State

Teslarati

New details about Tesla’s manufacturing plant just outside of Austin, known as Giga Texas, reveal that everything really is bigger in the Lone Star State, and Tesla is on its way to having the largest automotive manufacturing facility in the United States. I was at Giga Texas yesterday. Team is making excellent progress.

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Rising stock boosts July incentives, led via EV offer

Baua Electric

. “The outlook for the remainder of the year remains positive into 2024,” stated Jeff Schuster, head of GlobalData’s car follow. “Resilience in consumer purchases remains the driving factor that is supporting the industry and the economy.” ” GlobalData stated inventories stood at 1.9

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Tesla Model 3 receives full EV incentives with new loophole

Teslarati

To give some important context, currently, only six vehicles qualify for the full $7,500 EV incentive in the United States. Bloomberg notes that, due to this new loophole, Ford’s credit division now believes a record number of its EVs will be acquired through lease instead of a traditional purchase.

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What Kind of Cars Do Women Actually Want?

The Truth About Cars

On International Women’s Day, the Kia EV9 was announced as the “Supreme Winner” of the Women's Worldwide Car of the Year (WWCOTY) 2024. This year's election was particularly difficult due to the excellent level of all the candidates," stated Marta Garcia, executive president of WWCOTY. Honda Civic).