Kia Corporation plans to begin manufacturing EVs in the US from 2024
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.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
