Kia to produce hybrid cars at Hyundai's Georgia factory from next year
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Kia will begin producing hybrid vehicles at Hyundai's new Georgia factory in mid-2026, expanding the facility's production capacity from 300,000 to 500,000 vehicles annually. This strategic shift comes amid cooling electric vehicle demand and potential changes in EV subsidies, representing part of a $21 billion investment announced with former President Trump.
March 28, 2025 | 10:00 am
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Hyundai's Georgia factory will now produce hybrid vehicles alongside electric vehicles, increasing total production capacity and adapting to changing market conditions.
The expansion of production capacity, shift to hybrid vehicles, and significant $21 billion investment indicate positive strategic moves that could boost investor confidence in Hyundai.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90