Kia has revealed the price tag for putting its new electric EV9 into production at its U.S. plant in West Point, Ga.: $200 million.
The Korean automaker said the company will add about 200 jobs to build the three-row crossover alongside four other models at the West Point, Georgia, plant. It will be the first Kia electric vehicle assembled in North America and comes as automakers are shifting away from gas-powered vehicles.
A rising amount of EV and battery investments have been made in Georgia.
Hyundai separately broke ground in October on a $5.54 billion EV and battery plant in Georgia’s Bryan County. LG Energy Solution will be the battery supplier.
Battery assembly in North America, using North American sourced minerals, is a requirement for vehicles to be eligible for up to $7,500 in U.S. consumer electric vehicle tax credits under the $430 billion U.S. Inflation Reduction Act (IRA) signed in August 2022.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Automobiles News Click Here
