Kia opens South Korea’s first dedicated EV plant with annual unit capacity of 1.5 lakh

SUMMARY

The Gwangmyeong EVO plant was developed by converting Gwangmyeong Plant 2, a facility built in 1987 that once produced combustion engine vehicles such as the Kia Pride and Stonic.

By Vivek Dubey Sep 27, 2024, 4:18:11 pm IST (Published)

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Kia inaugurates a plant dedicated to electric vehicles: Kia has officially opened its Gwangmyeong EVO plant, Hyundai Motor Group’s first electric vehicle (EV) manufacturing facility. This new plant is part of Kia Autoland Gwangmyeong in South Korea and represents a crucial step in expanding the company’s electric vehicle production capabilities.

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1.5 lakh annual unit capacity: The Gwangmyeong EVO plant has an annual production capacity of 1.5 lakh vehicles. Production of Kia’s EV3, an all-electric compact SUV, began earlier this year. The facility will also produce the EV4, a mid-size electric sedan, scheduled for launch in the first half of 2025.

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KRW 401.6 billion investment in future mobility: The development of the Gwangmyeong EVO plant required an investment of 401.6 billion won ($30.45 million). The plant covers an area of ​​approximately 60,000 square meters and is part of Kia’s long-term strategy to meet the growing demand for electric vehicles around the world.

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Renovation of an existing installation: The Gwangmyeong EVO plant was developed by converting Gwangmyeong Plant 2, a facility built in 1987 that once produced combustion engine vehicles such as the Kia Pride and Stonic. The site has now been completely redesigned to focus exclusively on manufacturing next-generation electric vehicles.

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Sustainability and worker-friendly processes: Kia designed the new plant with an emphasis on sustainability and employee well-being. The facility uses green processes, such as a water-based painting method, and integrates automation, including machinery that installs high-voltage batteries, wheels and tires, to reduce employees’ manual workloads.

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EV3 mass production underway: Mass production of the EV3 has already begun at the Gwangmyeong EVO plant. The EV3 is Kia’s third all-electric model, following the EV6 crossover SUV launched in 2021 and the EV9 flagship SUV unveiled in 2023. The company aims to meet the growing global demand for electric vehicles with this new production capacity.

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EV4 launch planned for 2025: Looking ahead, Kia plans to launch the EV4, a mid-size electric sedan, in the first half of 2025. The Gwangmyeong EVO plant will play a key role in the production of EV3 and EV4, positioning Kia to expand its presence in the growing electric vehicle market. (Image: Kia Concept EV4)



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