South Korea's Kia slashes long-term EV target by a fifth
SEOUL, April 9 : South Korea's Kia Corp on Thursday cut its 2030 target for electric vehicle sales by about 20 per cent to 1 million, reflecting weaker demand and the scrapping of EV subsidies in the U.S. last year.Shares in the automaker slid, trading down 4.2 per cent after earlier having risen as much as 2
9 Apr 05:20 · CNA