Though its first three-row electrical SUV has been successful within the US to this point, Kia will wait till subsequent yr to scale up manufacturing. Kia is easing the EV9 into manufacturing at its West Level, Georgia, plant because it waits for it to qualify for the $7,500 federal EV tax credit score.
After launching the three-row electrical SUV within the US final December, Kia has already bought almost 14,000 fashions this yr.
With one other 2,388 bought in August final month, EV9 gross sales reached 13,874 by means of the primary eight months of 2024. The expansion helped propel Kia to its greatest US gross sales month in firm historical past, its second straight month topping the document.
Regardless of the new begin, Kia is ready to scale up EV9 manufacturing within the US. Kia America COO and govt vp Steven Heart informed Automotive Information the choice comes over complicated {qualifications} to qualify for the $7,500 tax credit score, significantly the battery meeting necessities.
Kia’s first EV9 rolled off the manufacturing line at its GA plant in Might. Nevertheless, it should wait till the spring to ramp up output.
Kia is easing the EV9 into manufacturing within the US
The EV9 was anticipated to be the primary Hyundai Motor Group automobile to qualify for the total $7,500 EV tax credit score.
Hyundai Motor will open the doorways at its large new $7.6 billion Metaplant America subsequent month, the place it should construct new Hyundai, Genesis, and Kia EVs. The up to date 2025 IONIQ 5 would be the first to roll off the meeting line later this yr.
The battery portion is just not anticipated to come back on-line till subsequent yr, so autos constructed on the facility will solely obtain a $3,750 credit score.
Hyundai Motors’ three way partnership with SK On is predicted to start operations within the second half of 2025. The partnership will safe a US battery provide for Hyundai, Genesis, and Kia EVs within the US. Kia America’s COO didn’t reveal the place the EV9’s batteries might be constructed.
Heart did say the incentives (each federal and state) are a “huge leveling area when it comes to the value of vehicles.”
If the $7,500 tax credit score had been eradicated, as former President Donald Trump has mentioned he plans to do if elected, it could “influence a whole lot of middle-class and beneath patrons,” Heart defined.
Based on Motor Intelligence, Kia’s EV9 was among the many most discounted autos within the US in June. The EV9 had a median low cost of $18,081.
Kia EV9 Trim | MSRP (together with $1,495 vacation spot charge) |
EPA Est. Vary (miles) |
Gentle RWD | $56,395 | 230 |
Gentle Lengthy Vary RWD |
$60,695 | 304 |
Wind e-AWD | $65,395 | 280 |
Land e-AWD | $71,395 | 280 |
GT-Line e-AWD | $73,900 | 270 |
Regardless of a sizzling gross sales begin, it appears to be like like Kia will wait till subsequent yr to scale up EV9 manufacturing for US patrons. Till then, the corporate will proceed to lean into leasing as an possibility.
Nevertheless, even that loophole is “very fragile,” because it might nonetheless be revoked, Heart defined.
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