KIA Opens EV Only Factory

The new facility will kick off a new era for Kia, with the capacity to build 150,000 EVs annually.

After opening EV3 pre-orders in Korea in June, starting at just $30,700 (KRW 42.08 million), Kia’s compact electric SUV secured over 10,000 reservations in just 23 days. The company is already calling the EV3 a “game-changer” in its home market.

In Europe, the Kia’s new EV starts at around $40,000 (36,0000 euros) with up to 372 miles (599 km) WLTP range.

As early as next month, Hyundai will open its massive new $7.6 billion Metaplant America (HMGMA) in Georgia. The facility just secured its 18th supplier this week as it builds an extensive US network.

Kia/Hyundai is intent to capture some of the EV market worldwide.

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