Kia will invest 38 trillion won ($28 billion) through 2028 to strengthen its hybrid vehicle lineup as sales of EVs slow globally.
Hyundai Motor and Kia are recalling around 170,000 EVs over possible sudden power loss, impacting some Ioniq 5s and Genesis GV60s.
Hyundai Motor’s all-electric Ioniq 6 won big at the 2023 World Car Awards held in New York on Wednesday.
Hyundai Motor and Kia’s combined sales in the U.S. market rose 16 percent on year in February thanks to strong sales of hybrids.
Hyundai Motor Group's electric cars — the Ioniq 5, EV6, GV60 and Electrified G80 — received the highest safety ranking from the Insurance Institute for Highway Safety.
Kia reported 458.9 billion won ($320 million) in net profit in the third quarter, significantly lower than a market consensus of 1.07 trillion won compiled by market tracker FnGuide.
Kia will release the high-performance version of its pure electric EV6 next week, the fastest car in Korea's auto industry.
Kia’s all-electric EV6 SUV was named Best of the Best for product design at the 2022 Red Dot Award, the Korean automaker said Tuesday.
Kia's EV6 SUV was named Car of the Year at the European Car of the Year awards, becoming the first Korean model to win the accolade.
Korean electric vehicles continued to receive top marks for driving experience, impact on the environment and powering costs.
Korea JoongAng Daily Sitemap