Kia plans to take a position Won49tn ($33.07bn) via 2030 to broaden electrification, software-defined autos and robotics whereas concentrating on increased gross sales and profitability.
The technique, offered at its 2026 CEO Investor Day in Seoul, represents a rise of Won7tn in contrast with its earlier five-year plan.
Of the entire, Won21tn has been allotted to future-focused companies. Funding in 2026 alone is predicted to achieve Won10.1tn, up Won1.2tn year-on-year.
The corporate stated the funding would underpin growth throughout a number of areas, together with electrical and hybrid autos, platform past automobile (PBV) industrial vans, autonomous driving applied sciences and good manufacturing programs.
By 2030, Kia is concentrating on income of Won170tn and working revenue of Won17tn, alongside an working margin of 10%.
It additionally goals to extend international automobile gross sales to 4.13 million items, in contrast with a 2026 goal of three.35 million, whereas elevating its international market share to 4.5% from 3.8%.
Electrification stays a central focus, although inside combustion engine (ICE) fashions will proceed to function in its portfolio.
Kia Company president and CEO Ho Sung Track stated: “Constructing on the achievements of innovation throughout all areas over the previous 5 years – together with model, EVs, PBVs, and ESG – EVs, HEVs, autonomous driving, and robotics will function key drivers for Kia’s quickest progress so far.
“Even amid the evolving international setting, Kia will proactively reply to altering market circumstances via differentiated methods.”
Kia plans to introduce 9 new ICE fashions by 2030 and broaden its hybrid providing to 13 fashions.
It’s concentrating on annual hybrid electrical automobile gross sales of 1.1 million items, or 1.15 million when together with plug-in hybrids and extended-range EVs.
For battery-electric autos, Kia goals to realize annual gross sales of 1 million items by 2030, representing a 3.8% share of the worldwide EV market.
Its EV line-up is about to broaden to 14 fashions, spanning passenger automobiles, SUVs and PBVs.
Upcoming launches embrace mass-market fashions such because the EV2, alongside a next-generation EV platform designed to ship improved battery capability, stronger motor efficiency and enhanced price effectivity.
Within the PBV section, the corporate is concentrating on gross sales of 232,000 items by 2030, led by fashions together with the PV5, PV7 and PV9.
Manufacturing will likely be centred on the Hwaseong EVO Plant, which can act as a devoted manufacturing hub for PBVs.
Regionally, Kia expects to achieve annual gross sales of 1.02 million autos within the US, 746,000 in Europe and 1.48 million in rising markets by the top of the last decade.
