SEOUL (Reuters) – Hyundai Motor Group leader Euisun Chung said on Tuesday flagship Hyundai Motor <005380.KS> and sister company Kia Motors <000270.KS> 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)
