Kia's share price was strong in early trading on the 25th. The rise is seen as driven by expectations after reports before the open that Kia Georgia surpassed cumulative production of 5 million vehicles. The Georgia plant is a key production base for Kia's "Telluride" model.
As of 9:31 a.m. that day, Kia was trading at 193,700 won, up 20,000 won (11.49%) from the previous session. It climbed to as high as 197,000 won intraday, hitting a 1-year high.
Kia Georgia said it reached cumulative production of 5 million vehicles as of the 24th (local time). At the same time, it began production of the 2027 "All New Telluride" at the West Point plant in Georgia, ramping up production of hybrid models.
The 5 millionth commemorative vehicle was an All New Telluride hybrid model, the first hybrid vehicle produced in Georgia.