Suncorp Cuts 2026 Premium Growth Forecast as Australia, New Zealand Markets Weaken 
Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal 
Texas Man Charged After Fatal Tesla Full Self-Driving Crash in Katy 
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
Northern Star Appoints New CEO as Activist Elliott Pushes for Leadership Overhaul 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
Tesla Q2 Deliveries Lift Chinese Auto Suppliers as EV Demand Improves 
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production 
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
DOJ Seeks Dismissal of Fraud Charges Against Gautam Adani in U.S. Court 
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source 
Norway Offshore Oil Workers Reach Wage Deal, Averting Strike 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
Kia expects its first vehicle built on Hyundai's new E-GMP modular electric platform to become their best-selling full-electric car in Europe.
The new Kia EV model would be a crossover with an SUV body style that is growingly popular. It would compete with the likes of the BMW i3 hatchbacks and Volkswagen ID 3.
Kia Europe COO Emilio Herrera expects to sell 10,000 to 15,000 of the EV model in Europe this year, even if it is not expected to go on sale until September.
Herrera didn’t give sales forecasts for 2022, but it could outsell Kia’s two EVs in Europe, the Soul and Niro.
The Soul EV accounted for 8,021 unit sales in Europe last year, while the e-Niro accounted for 31,000.
The e-Niro accounted for 31,000 unit sales in Europe last year, while there were 8,021 Soul EV units sold.
The new E-GMP platform allows 500 km ranges and quicker acceleration.
Kia plans to come up with seven vehicles on the platform globally by 2027.
The company also aims to have 11 full EVs by 2025, which would account for 30 percent of its Euro sales. The lineup would include new models and electric versions of existing vehicles like the Soul EV.
