Kia hikes 2030 EV sales goal to 1.6 million, will make small EVs in India

By: HT Auto Desk
| Updated on: 06 Apr 2023, 13:32 PM

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Kia's global EV sales goal hike is a significant surge over the 1.2 million targets Kia had set for 2030 in 2022.

Kia has unveiled their new flagship electric SUV in the global market. It is called EV9 and looks essentially the same as the concept version that was also showcased at the Auto Expo 2023.

The EV9 is a three row SUV. The second row can be swiveled 180-degrees so that the occupants can interact with those sitting in the third row. The third-row seats also offer cup holders and charging points for mobile devices.

The EV9 is based on the E-GMP or Electric Global Modular Platform. It is essentially an electric skateboard platform so the wheels are placed on the corners and the floorboard is where battery packs are placed.

Speaking of battery packs, their capacity hasn't been revealed yet. However, it could be 77.4 kWh unit from the Ioniq 5.

The dashboard is equipped with 12.3-inch dual screens. There is a driver's digital display and an infotainment system.

The seats are spacious and get dual-tone upholstery.

The steering wheel is a multi-function unit and the dashboard looks quite modern.

Kia will be offering EV9 as a six or seven seater SUV. On the sides, there are flush door handles and a charging port.

It seems like not every version of the EV9 will be equipped with a panoramic sunroof. At the rear, there will be vertical LED tail lamps.

The center console is equipped with ample storage options, including a spacious compartment located at its base. The center console doors are further designed to add to the overall refinement of the interior space.

The headlamps have been stacked vertically. Kia says that their Tiger Face grille has now gone digital.

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Kia's global EV sales goal hike is a significant surge over the 1.2 million targets Kia had set for 2030 in 2022.

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1/11

Kia has unveiled their new flagship electric SUV in the global market. It is called EV9 and looks essentially the same as the concept version that was also showcased at the Auto Expo 2023.

2/11

The EV9 is a three row SUV. The second row can be swiveled 180-degrees so that the occupants can interact with those sitting in the third row. The third-row seats also offer cup holders and charging points for mobile devices.

3/11

The EV9 is based on the E-GMP or Electric Global Modular Platform. It is essentially an electric skateboard platform so the wheels are placed on the corners and the floorboard is where battery packs are placed.

4/11

Speaking of battery packs, their capacity hasn't been revealed yet. However, it could be 77.4 kWh unit from the Ioniq 5.

5/11

The dashboard is equipped with 12.3-inch dual screens. There is a driver's digital display and an infotainment system.

6/11

The seats are spacious and get dual-tone upholstery.

7/11

The steering wheel is a multi-function unit and the dashboard looks quite modern.

8/11

Kia will be offering EV9 as a six or seven seater SUV. On the sides, there are flush door handles and a charging port.

9/11

It seems like not every version of the EV9 will be equipped with a panoramic sunroof. At the rear, there will be vertical LED tail lamps.

10/11

The center console is equipped with ample storage options, including a spacious compartment located at its base. The center console doors are further designed to add to the overall refinement of the interior space.

11/11

The headlamps have been stacked vertically. Kia says that their Tiger Face grille has now gone digital.

Kia has significantly increased its global electric vehicle sales target to 1.6 million units by 2030 from the previous goal of 1.2 million units announced last year. The South Korean auto manufacturer has announced that it aims to get more than half its global sales from electrified vehicles in 2030 as it targets a 34 per cent higher total international sales number to 4.3 million units by the end of this decade.

Speaking about its EV sales projections, Kia CEO Ho Sung Song said that the automaker plans to sell 2.38 million battery electric and hybrid vehicles in 2030, a 300,000 unit hike over Kia's previous target from last year. He said that around 37 per cent or 1.6 million vehicles of the anticipated global sales will be battery-electric models by the end of this decade. The car brand further stated that it will produce small electric cars in India, while small and medium-sized EVs will be built in Europe and China. Also, the automaker plans to make the key EVs in the US beginning in 2024 with the EV9.

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Kia's latest projection is also very ambitious compared to the automaker's sales target of 258,000 BEVs worldwide for 2023 and one million for 2026. The automaker wants electric vehicles to make up 32 per cent of its overall corporate profit in 2026 and 53 per cent in 2030. This is a massive increase compared to 2022, when electric vehicles contributed just five per cent to the OEM's overall profit. The auto company expects better profitability to come partly by cutting the cost of batteries by 55 per cent by the end of the current decade compared to 2018 prices.

Besides projecting its sales target, Kia CEO said the automaker will expand its full electric product lineup to 15 models by 2027. Kia will launch the EV9 in the second half of 2023 in South Korea, followed by the smaller EV5, which will arrive in China in the fourth quarter of 2023. These will join the brand's other electric cars, EV6 and Niro EV.

First Published Date: 06 Apr 2023, 13:32 PM IST