South Korean automaker Kia Corp has set an ambitious target for its global vehicle sales, signaling confidence in its long-term growth strategy despite ongoing challenges in the automotive industry.

Much of that comes from China, the world's largest car market. EVs accounted for just 4pc of passenger vehicle sales in China in 2019.

Xiaomi Corp. is looking to build on a breakout year for its electric vehicle business, raising its delivery target to 550,000 units in 2026 as it seeks to boost its share of China's fiercely competitive market and make inroads overseas.

All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here * Hyundai achieves "5 for 5 in 2025" with fifth consecutive year of record annual retail sales; third straight year of record total sales * Hybrid and electric models set all-time annual total and retail sales records * Best-ever total and retail December sales; total sales increase 1%; retail climbs 3% FOUNTAIN VALLEY, Calif.

Quectel Wireless Solutions, an end-to-end global IoT solutions provider, today announces the launch of the world's first 5G-advanced (5G-A) automotive-grade cellular module, the AR588MA, establishing it as the industry's highest-performing and most reliable wireless communication product for vehicles.

But you might well know the idea that made this unknown engineer who recently died into one of America's greatest inventors.

Some of the automaker's model vehicles are the Atto 1 and the Seagull. China's BYD ousted Tesla as the world's largest electric vehicle manufacturer, marking the first time it surpassed the Elon Musk-led automaker in annual sales.

Some of the automaker's model vehicles are the Atto 1 and the Seagull. China's BYD ousted Tesla as the world's largest electric vehicle manufacturer, marking the first time it surpassed the Elon Musk-led automaker in annual sales.