The Kia Gwangmyeong EVO is Hyundai’s first plant to exclusively produce electric vehicles. According to the company, the plant will produce the new Kia EV3 and EV4 electric vehicles, with a capacity of 150,000 vehicles per year.
Kia has invested 304.2 million USD (nearly 7,500 billion) to build a 60,000 m2 facility at the factory site to facilitate the production of the company's next generation vehicles.
According to the company, the Kia Gwangmyeong EVO was built with the goal of completely converting to electrification, focusing on factors that are friendly to the environment and workers.
In the first half of 2025, the company will start producing its first electric sedans. Kia also confirmed that the EV4 will be a completely new type of electric sedan.
Like the EV3, the EV4 sedan will follow the design and share the technology of the EV9 electric car. The EV4 is expected to have a starting price of $35,000-40,000 (about 861-985 million), with planned deliveries in 2025.
Hyundai will reopen its $7.6 million Metaplant America (HMGMA) plant in Georgia in early October. The first vehicle to roll off the line will be the 2025 Ioniq 5, which will have a longer range than the current model.
