Kia said on Wednesday it will invest more than $200 million in its assembly plant in the U.S. state of Georgia to begin production of its electric EV9 SUV next year.
The Korean automaker said the company will add about 200 jobs to build the three-row SUV 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.
Assembly in North America 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….