Kia goes full throttle on EVs despite demand concerns
Teslarati
APRIL 5, 2024
During Kia’s CEO Investor Day event, the Asian carmaker announced plans to sell 3.2 Despite its EV goals, Kia’s parent company, Hyundai Motor Group, anticipates a slowdown in the global EV market until 2026 because of a sluggish economy, a reduction in EV subsidies, and a need to expand charging infrastructure.
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