Kia CEO unveils $33B plan to expand in EVs, autonomous driving and robotics
AI-summarised brief · reviewed before publication
Kia CEO Song Ho-sung unveiled a $33 billion investment plan to expand in electric vehicles, autonomous driving, and robotics by 2030. The company aims to sell 4.13 million vehicles by 2030, with 1 million being electric vehicles. Kia will introduce new internal combustion and hybrid models, and deploy its humanoid robot Atlas in US factories to lead future growth and increase autonomous driving capabilities by 2027.