Kia posts record quarterly revenue on strong hybrid, EV sales

Kia logged record-high quarterly revenue in the first quarter, driven by strong demand in major global markets, including high-margin hybrid models in the US and electric vehicles in Europe. According to Kia’s earnings call on Friday, its sales revenue rose 5.3 percent to 29.5 trillion won ($19.9 billion). Vehicle sales climbed 0.9 percent to 779,741 units — the highest-ever first-quarter volume — while global market share climbed 0.5 percentage point to 4.1 percent, surpassing the 4 percent mar

By The Korea Herald