Kia America, the innovative leader in the auto industry, earns a coveted spot in TIME’s 2023 Most Influential Companies list. Embarking on ambitious plans and transforming into a symbol of sustainability and innovation, Kia is setting the stage for the future of mobility.
What’s Happening
Kia America, in a pivotal recognition of its remarkable transformation, has been named the only automotive entity in TIME’s 2023 roster of the 100 Most Influential Companies. This award accentuates Kia’s steadfast focus on repositioning itself from a producer of affordable cars to a pioneer in innovative, sustainable mobility solutions.
Why It Matters
This nod from TIME underscores Kia’s ambitious and strategic shift under its Plan S. The automotive giant intends to invest a staggering $25 billion USD to roll out 15 Electric Vehicles (EVs) across the globe by 2027, including the highly anticipated EV9 three-row SUV debuting later this year. Such a move is set to solidify Kia’s stand in the global EV market and underscores its commitment to sustainable transportation.
Key Points
In 2022, Kia America marked its 30th anniversary with record-breaking annual retail sales. It is carving its identity as a frontrunner in mobility solutions by promoting EVs, introducing purpose-built vehicles, and advocating for sustainable production via recyclable materials and clean energy as part of the Climate Group’s RE100. The continued trust in the Kia brand is evidenced by the recent accolades, including the 2023 North American Utility Vehicle of the Year and the 2023 World Performance Car of the Year for the EV6 model. Moreover, a suite of 15 EV models is slated for global release by 2027, with connectivity features planned for all new models post-2025.
Bottom Line
Kia America’s recognition in TIME’s 100 Most Influential Companies is a testament to its transformative approach and dedicated efforts in reshaping the automotive landscape. From innovative product design to its focus on sustainable mobility solutions, Kia America is charting a path that promises a brighter future for global transportation.
