Kia set to launch multiple new models in India with an eye on increasing market share

Kia India aims to increase its market share to 10% over the next five years by introducing multiple models in the utility vehicle segment that will have internal combustion and electrification powertrains. The company plans to launch at least two vehicles with IC engines and electric powertrains to boost volumes by 2028, along with ramping up production capacity to cater to demand and expanding its dealer network. Kia India will focus on recreational or utility vehicles and will stay away from the small-car segment.

from Auto-Industry-Economic Times https://ift.tt/hZiyHvq