Kia Motors is set to establish a new manufacturing facility in China, according to recent announcements. Zheng Dayu, the general manager of Dongfeng Yueda Kia, revealed that the company's shareholders have finalized an agreement to begin construction of the new plant in February of next year. While the exact location of the factory has not yet been officially confirmed, several cities are under consideration, including Yancheng, Jiangyin, and Zhangjiagang. The proposed facility is expected to have an annual production capacity of 200,000 vehicles, marking a significant expansion for the joint venture. This move reflects Kia's continued confidence in the Chinese market and its long-term strategy to strengthen its presence in the region. The decision comes as the automotive industry in China remains highly competitive, with major players continuously investing in new infrastructure to meet growing demand. The new factory is anticipated to create numerous job opportunities and contribute to local economic development. As the project moves forward, more details about the site selection and timeline are expected to be released in the coming months.
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