South Korea's Kia cuts 2030 EV target over 20%, plans humanoid robots at U.S. factory

Fidelity
2026.04.09 05:20
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South Korea's Kia Corp has reduced its 2030 electric vehicle sales target by 20% to 1 million units, down from 1.26 million, due to weaker demand and the impact of U.S. EV subsidy cuts. The total vehicle sales goal has also been adjusted to 4.13 million from 4.19 million. Additionally, Kia plans to introduce Atlas humanoid robots at its Georgia factory starting in 2029.