July 14, 2020 / 6:08 AM / 23 days ago

Hyundai Motor Group head says Hyundai, Kia to sell 1 mln EVs in 2025

SEOUL, July 14 (Reuters) - Hyundai Motor Group leader Euisun Chung said on Tuesday flagship Hyundai Motor and sister company Kia Motors aim to sell 1 million electric vehicles (EVs) in 2025, together targeting over 10% of global market share of EVs.

Hyundai Motor plans to launch a next-generation electric vehicle with a driving range of 450 kilometres per charge and charging time of 20 minutes or less, Chung said in a televised video message. (Reporting by Joyce Lee and Hyunjoo Jin; Editing by Muralikumar Anantharaman)

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