Saturday, 5 Dec 2020

Hyundai Motor Group head says Hyundai, Kia to sell one million EVs in 2025

SEOUL (Reuters) – Hyundai Motor Group leader Euisun Chung said on Tuesday flagship Hyundai Motor (005380.KS) and sister company Kia Motors (000270.KS) aim to sell 1 million electric vehicles (EVs) in 2025, together targeting over 10% of global market share of EVs.

Hyundai Motor plans to launch a next-generation electric vehicle with a driving range of 450 kilometres per charge and charging time of 20 minutes or less, Chung said in a televised video message.

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