Kia plans US EV manufacturing in 2024 as new incentive requirements loom

Kia is planning to manufacture its electric vehicles in the US, according to South Korean media sources Maeil Business and SBS (via The EV Officials). The automaker currently builds its flagship electric car and North American sales hit, the Kia EV6, in South Korea at its Hwasung plant. But now, Kia will shift some of its EV assembly to the US by 2024, according to the report.

Kia and Hyundai combined hold the second-highest EV market share after Tesla

Hyundai and Kia combined currently hold the second-highest market share for electric vehicles in the US, a position that could be at risk if customers can’t take advantage of the new federal incentives (and man, are EVs getting expensive).

It might be in Hyundai’s best interest to speed up that process and start building the Ioniq 5 and perhaps even help bring Kia’s EV6 manufacturing state-side. Both vehicles are based on a shared E-GMP EV platform. And by the time Kia and Hyundai get everything set up, the automakers hopefully will have their next-generation cars, like the Kia EV9 SUV and the Hyundai Ioniq 6, ready to go.

ncG1vNJzZmivp6x7tbTEr5yrn5VjsLC5jmtna2pfbnxzfY5ramxuZG5%2FeHvKophmnaZiuqK61J%2BYnKylp7JuwdJmq5qwXZi%2FprDIrWShsaWjsaK1