As of 10:32 AM on the 15th, Kia Motors is trading at 85,600 KRW, down 0.93% from the previous day. The trading volume is 2,058,778 shares, which is about 29.04% of the previous day's volume. Kia Motors is known as one of the top 10 global automobile manufacturers.


On February 10, analyst Kim Dong-ha from Hanwha Investment & Securities stated, "The company has set a goal to establish a full lineup of 11 EV models by 2026 and aims to sell 580,000 EV units, which is a more aggressive target than the previous year (+80,000 units). This reflects the potential increase in EV demand due to strengthened eco-friendly policies in various countries (economic stimulus in response to Covid-19). It is expected that by 2030, Kia will sell 880,000 EV units (22% of global sales), becoming a global Tier 1 EV manufacturer." He set Kia Motors' target price at 100,000 KRW.


Over the past five days, individual investors have net purchased 5,414,458 shares of Kia Motors, while foreign investors and institutions have net sold 3,605,374 shares and 2,168,574 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing