Kia reported a record-high operating profit of 12.67 trillion won ($8.86 billion) in 2024, driven by strong hybrid SUV sales and a decrease in battery cell prices.
“We are considering re-badging our commercial EVs and supplying GM,” Hyundai’s CFO, Lee Seung Jo, said on a conference call (via Reuters) Thursday. Lee added the deal would pave the way for our entry ...