Kia Corporation plans to begin manufacturing EVs in the US from 2024

Policy & Regulation

The news comes after the US passed Inflation Reduction Act of 2022 (IRA) that allows EV tax credits only for locally produced electric cars

South Korean carmaker Kia Corporation plans to begin local manufacturing of electric cars in the United States from 2024, according to a news report published by Reuters on 20 September 2022.

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