This photo provided by Kia on Sept. 27, 2024, shows the company’s new dedicated EV manufacturing facility in Gwangmyeong, south of Seoul. (Image courtesy of Yonhap)
SEOUL, Sept. 27 (Korea Bizwire) — Kia Corp. said Friday it has completed building Hyundai Motor Group’s first manufacturing facility dedicated solely to electric vehicles, which boasts an annual capacity of producing 150,000 units.
Kia held a ceremony for the Kia Gwangmyeong EVO Plant, located at Kia Autoland in Gwangmyeong, just south of Seoul, which is tasked with mass producing Kia’s new EV3 model and the upcoming EV4 model.
Kia invested 401.6 billion won (US$304.2 million) in the 60,000 square-meter facility, completely rebuilding it on an existing plant site to facilitate the company’s next-generation vehicle production.
The event was attended by around 150 guests, including Choi Jun-Young, executive vice president and head of domestic production at Kia, and Gwangmyeong Mayor Park Seung-won.
(Yonhap)
