| 12:23 AM EST

Kia Opens $1.1 Billion Plant in India

Kia Motors Corp. has officially launched a $1.1 billion assembly plant in Anantapur, India.
#Hyundai #asia #facilities

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Kia Motors Corp. has officially launched its first auto plant in India, a $1.1 billion facility in Anantapur with capacity to make 300,000 cars per year.

The facility began making Seltos small crossover vehicles several months ago, marking Kia’s first locally produced vehicle in India.

The company says it will add the Carnival MPV (sold as the Sedona minivan in other markets) and a subcompact crossover model code-named QY1 in 2020. Hybrid and all-electric vehicles may be included later.

The factory includes stamping, welding, painting and final assembly operations. The 536-acre complex is near Bangalore and an existing assembly plant operated by parent company Hyundai Motor Co.

All models made at the new factory will be promoted with a new digital sales strategy that includes an online purchasing option and 24-hour real-time mobile vehicle maintenance, according to the company.

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