Kia plans to speculate Won49tn ($33.07bn) by way of 2030 to develop electrification, software-defined automobiles and robotics whereas focusing on increased gross sales and profitability.
The technique, introduced at its 2026 CEO Investor Day in Seoul, represents a rise of Won7tn in contrast with its earlier five-year plan.
Of the full, Won21tn has been allotted to future-focused companies. Funding in 2026 alone is predicted to succeed in 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 automobiles, platform past car (PBV) industrial vans, autonomous driving applied sciences and good manufacturing programs.
By 2030, Kia is focusing on income of Won170tn and working revenue of Won17tn, alongside an working margin of 10%.
It additionally goals to extend world car gross sales to 4.13 million models, in contrast with a 2026 goal of three.35 million, whereas elevating its world market share to 4.5% from 3.8%.
Electrification stays a central focus, although inner combustion engine (ICE) fashions will proceed to characteristic in its portfolio.
Kia Company president and CEO Ho Sung Music 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 world setting, Kia will proactively reply to altering market circumstances by way of differentiated methods.”
Kia plans to introduce 9 new ICE fashions by 2030 and develop its hybrid providing to 13 fashions.
It’s focusing on annual hybrid electrical car gross sales of 1.1 million models, or 1.15 million when together with plug-in hybrids and extended-range EVs.
For battery-electric automobiles, Kia goals to attain annual gross sales of 1 million models by 2030, representing a 3.8% share of the worldwide EV market.
Its EV line-up is ready to develop 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 phase, the corporate is focusing on gross sales of 232,000 models by 2030, led by fashions together with the PV5, PV7 and PV9.
Manufacturing can be centred on the Hwaseong EVO Plant, which can act as a devoted manufacturing hub for PBVs.
Regionally, Kia expects to succeed in annual gross sales of 1.02 million automobiles within the US, 746,000 in Europe and 1.48 million in rising markets by the tip of the last decade.