Kia suddenly shifts to hybrids, affordable EVs amid waning global demand
Baua Electric
APRIL 5, 2024
To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. In response to “the slowdown in EV demand growth,” Kia plans to launch more hybrids while introducing new low-cost electric models. million in 2030.
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