South Korea's Kia cuts EV sales target by more than 20% for 2030


FILE PHOTO: A logo of Kia is seen inside a car dealer in Nijmegen, Netherlands February 26, 2025. REUTERS/Piroschka van de Wouw/File photo

SEOUL (Reuters) -South Korea's Kia Corp said on Wednesday that it aims to sell 1.26 million electric vehicles by 2030, lowering its earlier target of 1.6 million units announced last year.

Kia said that it plans to achieve a sales target of 993,000 units of hybrid cars by 2030.

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