Kia held a gap ceremony for its first EV-only plant, “EVO,” because it appears to be like to ascertain itself as a number one electrical automobile maker. Kia’s new low-cost EV3 and EV4 fashions are the primary electrical automobiles scheduled for mass manufacturing. The brand new facility will kick off a brand new period for Kia, with the capability to construct 150,000 EVs yearly.
Kia opens its first EV-only plant to spice up output
The EVO Plant is the Hyundai Motor Group’s first EV-only plant. Kia held the completion ceremony on Friday at Autoland Gwangmyeong in South Korea.
“The completion of the Kia Gwangmyeong EVO Plant marks step one for Kia to turn into a number one electrical automobile model,” Kia’s CEO, Choi Joon-young, mentioned on the occasion. Kia will use the power to spice up the output of its next-gen electrical automobiles.
With the EV3 already in mass manufacturing, Kia is making ready to “present you a brand new historical past of electrical automobiles.”
After opening EV3 pre-orders in Korea in June, beginning at simply $30,700 (KRW 42.08 million), Kia’s compact electrical SUV secured over 10,000 reservations in simply 23 days. The corporate is already calling the EV3 a “game-changer” in its house market.
In Europe, the Kia’s new EV begins at round $40,000 (36,0000 euros) with as much as 372 miles (599 km) WLTP vary.
The EV3 is Kia’s third devoted all-electric automobile, following the EV6 sedan and three-row EV9 SUV.
“A brand new historical past of electrical automobiles”
Within the first half of 2025, Kia will start constructing its first compact electrical sedan, the EV4. In response to Kia, the EV4 is an “totally new kind of EV sedan. “
Just like the EV3, Kia’s smaller electrical sedan will pull a lot of the design and tech from its flagship EV9.
We’ve already caught a glimpse of the EV4 after it was noticed in Europe testing in July. Final month, a hatchback mannequin was additionally caught testing, doubtless aimed on the European market (you possibly can see the video right here).
The EV4 is predicted to begin within the $35,000 to $40,000 worth vary, with deliveries scheduled for subsequent 12 months.
| Kia EV3 trim | Vary | Beginning Value | Beginning Value After Incentives |
| Normal | 217 mi (350 km) | $30,700 (KRW 42.08 million) | $29,200 (KRW 39.95 million) |
| Earth | Normal: 217 mi (350 km) Lengthy Vary: 311 mi (501 km) |
$33,400 (KRW 45.71 million) | N/A |
| GT Line | Normal: 217 mi (350 km) Lengthy Vary: 311 mi (501 km) |
$34,100 (KRW 46.66 million) | N/A |
| Lengthy Vary | 311 mi (501 km) | $34,100 (KRW 46.66 million) | $32,200 (KRW 44.15) |
A Kia official mentioned the “EV3 and EV4 will play an important function in popularizing electrical automobiles.” They added, “We are going to present you a brand new historical past of electrical automobiles on the Gwangmyeong EVO Plant.”
Kia will use its new EVO plant as a key manufacturing base. It would have the capability to construct 150,000 EVs yearly.
As early as subsequent month, Hyundai will open its huge new $7.6 billion Metaplant America (HMGMA) in Georgia. The power simply secured its 18th provider this week because it builds an intensive US community.
The primary automobile to roll off the meeting line would be the new 2025 IONIQ 5 with extra vary and a Tesla NACS charging port. Hyundai’s first three-row electrical SUV, the IONIQ 9, may even make its first look later this 12 months.
To additional scale back EV prices, Hyundai and Kia launched a brand new LFP battery venture this week to develop new battery supplies for safer, lower-priced electrical automobiles.
Supply: Hyundai Motor Group
FTC: We use earnings incomes auto affiliate hyperlinks. Extra.
