Kia held a gap ceremony for its first EV-only plant, “EVO,” because it seems to be to determine itself as a number one electrical car maker. Kia’s new low-cost EV3 and EV4 fashions are the primary electrical vehicles 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 grow to be a number one electrical car model,” Kia’s CEO, Choi Joon-young, mentioned on the occasion. Kia will use the ability to spice up the output of its next-gen electrical autos.
With the EV3 already in mass manufacturing, Kia is making ready to “present you a brand new historical past of electrical autos.”
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 car, following the EV6 sedan and three-row EV9 SUV.
“A brand new historical past of electrical autos”
Within the first half of 2025, Kia will start constructing its first compact electrical sedan, the EV4. In line with Kia, the EV4 is an “fully new sort 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, probably aimed on the European market (you may see the video right here).
The EV4 is anticipated to start out within the $35,000 to $40,000 value vary, with deliveries scheduled for subsequent yr.
| Kia EV3 trim | Vary | Beginning Worth | Beginning Worth After Incentives |
| Customary | 217 mi (350 km) | $30,700 (KRW 42.08 million) | $29,200 (KRW 39.95 million) |
| Earth | Customary: 217 mi (350 km) Lengthy Vary: 311 mi (501 km) |
$33,400 (KRW 45.71 million) | N/A |
| GT Line | Customary: 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 position in popularizing electrical autos.” They added, “We are going to present you a brand new historical past of electrical autos on the Gwangmyeong EVO Plant.”
Kia will use its new EVO plant as a key manufacturing base. It is going to 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 ability simply secured its 18th provider this week because it builds an in depth US community.
The primary car 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, will even make its first look later this yr.
To additional scale back EV prices, Hyundai and Kia launched a brand new LFP battery challenge this week to develop new battery supplies for safer, lower-priced electrical autos.
Supply: Hyundai Motor Group
FTC: We use earnings incomes auto affiliate hyperlinks. Extra.
