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September 27, 2024

Kia completes building EV-only plant

Kia Corp. said Friday it has completed building Hyundai Motor Group’s first manufacturing facility dedicated solely to electric vehicles, which boasts an annual capacity of producing 150,000 units.

Kia held a ceremony for the

Kumyang to raise 450.3 bln won via stock sale

Kumyang Co.on Friday announced that it will sell stock to raise 450.3 billion won(US$342.3 million). The proceeds from the stock offering will be used primarily to finance its facilities.

According to a regulatory filing,