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

Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...