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Kia India targets 410,000 sales by 2030 with electrification
Kia India wants to sell 410,000 vehicles in India by 2030.
It plans to add 10 models to its lineup.
Eight of those models will use electric, hybrid, or CNG technology.
Kia has factories capable of making 430,000 vehicles each year.
The company has not yet decided whether it needs bigger factories.
It has launched the Sorento, a large SUV with six- or seven-seat options.
The Sorento can use diesel or hybrid power.
Kia also wants to sell more cars overseas and make hybrid technology locally to reduce costs.
Kia India is targeting 410,000 domestic vehicle sales by 2030.
The company plans 10 new models by 2030, including eight with electrified or CNG powertrains.
Kia India currently has annual manufacturing capacity of 430,000 vehicles and no confirmed expansion plan.
The newly launched Sorento is a premium three-row SUV priced from ₹27.99 lakh to ₹40.39 lakh.
Kia plans to localize hybrid-engine production next year while expanding exports beyond its current 64-country network.
- Who
- Kia India, with comments from Senior Vice President of Sales and Marketing Atul Sood.
- What
- Kia India announced a plan to reach 410,000 domestic sales by 2030 through 10 new models, premium SUVs, electrification, and increased exports.
- Where
- India, with exports currently reaching around 64 countries.
- When
- The target is for 2030; the Sorento was launched on Friday, and hybrid-engine localization is planned for next year.
- Why
- Kia aims to accelerate growth, improve use of its existing manufacturing capacity, broaden its model range, and offer multiple powertrain technologies.
Key facts
- 2030 domestic sales target
- 410,000 vehicles
- Planned new models
- 10 by 2030
- Models with electrified or CNG powertrains
- Eight of the 10 planned models
- Current annual manufacturing capacity
- 430,000 vehicles in India
- Sorento price range
- ₹27.99 lakh to ₹40.39 lakh
- Sorento powertrains
- 2.2-litre diesel and 1.6-litre turbo-hybrid
- Current export reach
- Around 64 countries
Quotes
Atul Sood
Senior Vice President, Sales and Marketing, Kia India
“At this stage, we have adequate capacity. And we are very much on track to utilise that actually.”
financialexpress.com
“If you have to get hybrid technology at competitive prices, localisation is required.”
financialexpress.com






