Investing.com -- South Korea’s Kia Corp has revised its sales target for electric vehicles (EVs) by 2030, the company announced on Wednesday.
The automaker now aims to sell 1.26 million EVs by the end of the decade, a reduction from its previous goal of 1.6 million units set last year.
Alongside the revised EV sales target, Kia also set a goal for the sale of hybrid vehicles, aiming to sell 993,000 units by 2030.
The company’s announcement also highlighted the increasing uncertainty surrounding U.S. policy on the auto industry, as per its investor presentation slides.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.