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Kia announces major EV expansion plan

Date: 04 March 2022   |   Author: Sean Keywood

Kia has announced plans to offer 14 pure EVs in its model line-up by 2027.

The manufacturer said the plan superseded its previous target to have 11 EVs by 2026, thanks to the addition of two electric pick-up trucks, as well as an entry-level model.

It is not clear how many of the models, announced as part of a global strategy, will be coming to the UK.

Among other targets announced by Kia, at its 2022 Investor Day virtual event, include selling four million vehicles annually by 2030, with 1.2 million of these being EVs, and two million being 'eco-friendly' models, also including hybrids.

The company also plans to expand the application of connected car and autonomous driving technology, and become the number one brand in the 'purpose-built vehicle' market, working with mobility services.

Kia president and CEO Ho Sung Song said: "Kia has been undergoing a full-scale transformation which has included changes in corporate vision, logo, product and design, and strategy. 

"To achieve the company's vision of becoming a sustainable mobility solutions provider, we will focus on accelerating the transition to future business models. 

"We will become even more customer-centric in our approach and pursue a dynamic transformation while maintaining sound business operations."