Kia to invest US$200 million in US plant, build EV9 SUV in 2024

Kia said on Wednesday it will invest more than US$200 million in its assembly plant in the US state of Georgia to begin production of its electric EV9 SUV next year.

Assembly in North America is a requirement for vehicles to be eligible for up to US$7,500 in US consumer electric vehicle tax credits under the US$430 billion US Inflation Reduction Act signed in August 2022.Electric carmaker Rivian Automotive is building a US$5 billion plant in the state, while Hyundai Motor Group and SK On said in December they will build a new battery manufacturing plant in Georgia to supply the Korean automaker's US assembly plants.

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Kia to invest US$200 million in Georgia plant, build EV9 SUV in 2024Kia said Wednesday it will invest more than US$200 million in its assembly plant in the US state of Georgia to begin production of its electric EV9 SUV next year. The Korean automaker said the company will add about 200 jobs to build the three-row SUV alongside four other models at the West Point, Georgia,
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Kia to invest $200 million in Georgia plant, build EV9 SUV in 2024Kia said Wednesday it will invest more than $200 million in its assembly plant in the U.S. state of Georgia to begin production of its electric EV9 SUV next year.The Korean automaker said the company will add about 200 jobs to build the three-row SUV alongside four other models at the West Point, Georgia,
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »