The Korean automaker Kia will invest more than $200 million in its assembly plant in the U.S. state of Georgia to begin production of its electric EV9 SUV next year.
It would become first Kia electric vehicle assembled plant in North America. The Korean automaker said that the company will create 200 jobs to build the three-row SUV alongside four other models at the West Point, Georgia, plant. Manufacturing electric vehicle in North America is a requirement to be eligible for up to $7,500 in U.S. consumer EV tax credits under an August 2022 law.
Nada used car value provides updated news related to the automobile industry regularly. The article above mentioned sourced from Reuters.
