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

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Ho-Sung Song, the global president and CEO of Kia expects the Indian market to remain flat in 2024. Kia aims to achieve a sales volume of 277k units, with 13% growth year on year, and a market share of 6.8%.” Kia aims to achieve a sales volume of 277k units, with 13% growth year on year, and a market share of 6.8%.”

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Kia to introduce Carens EV and mass market EV in 18 months | Autocar Professional

Baua Electric

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. The EV sales target of 1.6 million units by 2030 requires selling 1.3

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Kia will beat Rivian and Tesla into affordable mass-market EVs

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Although Rivian and Tesla are making headlines with planned expansions into mass-market electric vehicles, Kia is set to launch two affordable EVs of its own. One of them, the Kia EV3, is expected to launch by the end of the year. Kia has found recent success with its first three-row EV9 electric SUV.

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Kia confirms EV9 GT is launching in January with enormous power

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After Kia’s first three-row electric SUV is already seeing strong demand, the EV9 is set to gain a high-performance GT version. Kia confirmed the EV9 GT will launch in January with “enormous power” and other upgrades. Kia EV9 set for the GT treatment Kia launched its flagship EV9 in Korea last June.

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Kia surprisingly tops Hyundai in market value with affordable EVs rolling out

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For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia is now South Korea’s fifth most-valued stock at $31 billion (41.3 Kia surpasses Hyundai in market value Hyundai, which saved Kia from bankruptcy in 1998, owns around a third of the South Korean automaker.

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Kia set to export this all-electric SUV at a price that undercuts Tesla

Baua Electric

South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y. Kia’s top seller in Australia is the Sportage hybrid SUV with around 15,000 sales.

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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Kia revealed a new EV lineup at its first EV Day in October.