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Hyundai Motor and Kia revamp R&D organization to make it more agile, flexible and independent like startups

Green Car Congress

Hyundai Motor Company and Kia Corporation are reorganizing their joint research and development (R&D) organization to be able to respond flexibly to the rapidly changing global automotive industry, advance the transition to electrification and accelerate the development of Software Defined Vehicles (SDVs).

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Kia targeting 1.6 million EV sales worldwide by 2030; 37% of sales

Green Car Congress

Kia has updated its mid- to long-term business strategy with a focus on electrification. Kia’s updated 2030 annual sales target is 4.3 Since then, Kia has held a CEO Investor Day every year to present updates on the company’s future vision and goals. Kia 2023 CEO Investor Day Kia’s 2030 global sales target of 4.3

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Kia Motors to launch 7 new BEVs by 2027; BEVs to account for 25% of Kia global vehicle sales by 2029

Green Car Congress

Kia Motors Corporation previewed its global electric vehicle (EV) business strategy; the brand will launch seven new dedicated BEVs by 2027 across several vehicle segments. Kia also released an early sketch of several of the brand’s future dedicated Battery Electric Vehicles (BEVs). —Ho Sung Song.

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Hyundai & Kia take second place after Tesla in US EV sales

Teslarati

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which holds the fourth-largest share in the US car market.

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KIA announces 310-mile EPA-certified range for new EV6 with 77.4 kWh pack and RWD

Green Car Congress

The US Environmental Protection Agency (EPA) has certified a maximum all-electric range (AER) of 310 miles for the 2022 Kia EV6 when equipped with a 77.4 The all-electric range (AER) for the entire EV6 lineup was announced ahead of the EV6 going on sale in the first quarter of 2022. kWh battery and rear-wheel drive.

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Kia goes full throttle on EVs despite demand concerns

Teslarati

Kia is prepared to fully invest in electric vehicles (EVs), despite growing concerns of slowing demand for EVs. During Kia’s CEO Investor Day event, the Asian carmaker announced plans to sell 3.2 Kia ultimately aims to boost its global EV sales to 4 million by 2027 and 4.3 million EVs in the global market in 2024.

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Hyundai Motor to use solar energy to power Georgia Metaplant

Teslarati

Hyundai Motor will use solar energy to power its Georgia Metaplant, which is still under construction. South Korean automaker Hyundai Motor Group signed a 15-year power agreement with Spain’s Matrix Renewables to power the electric vehicle (EV) plant. However, EV sales growth has reportedly slumped.

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