Kia reduces 2030 EV sales target to 1.26 million from 1.6 million

South Korea's Kia Corp announced on Wednesday that it has revised its electric vehicle (EV) sales target for 2030, now aiming to sell 1.26 million EVs, down from the previous target of 1.6 million units set last year.

The company also set a new goal of selling 993,000 hybrid vehicles by 2030 as part of its broader shift toward cleaner energy solutions.

Additionally, Kia highlighted growing uncertainty regarding U.S. policies affecting the auto industry, as noted in the presentation slides shared with investors.