Thursday, October 3, 2024

Kia keeps faith in SUVs, airs doubts about policy shifts

Kia India plans to enhance its market presence by launching a new EV and a sub-four metre compact SUV in 2025, aiming to achieve a volume of 430,000 units by 2030. Despite available hybrid technology, policy uncertainties hinder its introduction in India. Sales of EVs have also been softer than expected.

from Auto-Industry-Economic Times https://ift.tt/wGWFC2H

No comments:

Post a Comment

Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...