Kia to sell only electric vehicles in major markets from 2040

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From 2040, Kia will only sell electric vehicles in major markets such as Korea, the United States, and China.

Kia held an online presentation today (11th) and presented the ‘2045 Carbon Neutral Strategy’.

The goal is to reduce carbon emissions by 97% compared to 2019 levels by 2045, and ultimately set net emissions to ‘0’ throughout the value chain, including supply, production, logistics, and disposal, as well as at the use stage of automobiles.

To this end, from 2040, only electrified vehicles such as electric and hydrogen electric vehicles will be sold in major markets, and internal combustion engine vehicles will not be sold in the European market from 2035, five years earlier.

In the vehicle supply stage, we support carbon emission reduction in the supply chain of major parts and raw materials.

In addition, from 2030, we plan to gradually receive ‘green steel’ produced through a process that minimizes the use of fossil fuels and apply it to mass-produced cars.

(Photo = Courtesy of Kia, Yonhap News)

Reference-news.sbs.co.kr

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