South Korea’s second-largest automaker, Kia, announced that it will sell electric cars only in Europe from 2035, and in other major markets from 2040, so that it can phase out cars with internal combustion engines.
Under the carbon neutrality strategy, Kia will aim to reduce carbon emissions by 97% from 2019 levels by 2045, and achieve net zero emissions across its value chains, from production to logistics and disposal, according to Yonhap Agency. waste, the company said in a statement.
She indicated that the use of renewable energy instead of fossil fuels to meet the energy requirements of its factories abroad will be by 2030, and in South Korea by 2040, pointing out that to this end, the company will establish systems to generate electricity from solar energy in its factories in Korea and the United States. China and India.
In another context, the manufacturer of the “K5” sedan and the “Sorento” SUV revealed a new concept for the fully electric “EV9”, which is its second model based on Hyundai’s global electric standard platform (E-GMP), after its car. EV6″.
Kia plans to boost its electric car lineup with 11 models, including seven based on this platform, by 2025. With this enhanced electric lineup, the company aims to achieve a 6.6% share of the battery electric car market by 2025, and achieve Global annual sales of 500,000 units by 2026.
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