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Kia to complete 11-model EV lineup with 7 dedicated EVs by 2026; sell 1.6M eco-friendly vehicles annually by 2030

Green Car Congress

Kia has updated its Plan S strategy, underpinned by three core pillars: advancing electric vehicle (EV) transition; strengthening its purpose-built vehicle (PBV) business; and expanding future mobility services. By 2030, EVs, HEVs and PHEVs will make up 40% of all sales for Kia, with an annual sales target of 1.6 million units.

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Kia Motors to accelerate diversification of global mobility services

Green Car Congress

Kia Motors Corporation plans to expand its partnerships with global mobility companies to meet the needs of a diverse range of customers worldwide. Kia is striving to provide customized products and differentiated mobility services based on its long history in automotive manufacturing. —President Song.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

Probably the most needed and least controversial proposed change is the elimination of the phaseout of the tax cap that begins in the quarter after a manufacturer sells 200,000 BEVs or PHEVs in the US. But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.