- Kia Corporation
- Kia EV6
- Kia Pride
- Kia Avella
- Kia Stonic
- Kia Gwangmyeong EVO plant
- Hyundai Motor Group
- Kia EV3
- Kia EV4
- Jun Young Choi
- Seung Won Park
Hyundai Motor Group Inaugurates Its First Dedicated EV Manufacturing Facility, Kia Gwangmyeong EVO Plant
- By MT Bureau
- September 27, 2024
Kia Corporation has opened the Kia Gwangmyeong EVO Plant, which is Hyundai Motor Group’s first dedicated EV manufacturing facility globally.
Located at Kia Autoland Gwangmyeong, the new facility has an annual production capacity of 150,000 units and started production of the Kia EV3 in the first half of this year, to be followed by the EV4 in the first half of 2025.

In his welcome address, Jun Young Choi, Executive Vice-President and Head of Domestic Production Division, Kia said, “The completion of the Kia Gwangmyeong EVO Plant solidifies Kia’s first step as an EV leader following the company’s brand relaunch in 2021. With the goal of providing sustainable mobility solutions, we will lead innovation in the EV market and fulfil our responsibilities in helping to deliver a sustainable future.”
Seung Won Park, Mayor of Gwangmyeong City added, “The completion of the Kia Gwangmyeong EVO Plant will help Gwangmyeong City to establish itself at the centre of the EV industry in Korea. Through this we will strive to promote sustainable development of the local economy and create more jobs."
The Gwangmyeong EVO Plant is a dedicated EV facility, with an investment total of KRW 401.6 billion (USD 304.2 million) over approximately 60,000 square meters and will serve as an outpost for production of Kia’s popular EV models.

The Korean automaker states it spent approximately one year transforming Gwangmyeong Plant 2, which was completed in 1987 to produce small internal combustion engine vehicles such as the Kia Pride, Avella and Stonic. The Kia Gwangmyeong EVO Plant is also meaningful in that it is the Group’s first dedicated EV plant and a facility that has been completely rebuilt on an existing plant site to become a hub for next-generation vehicle production.
The plant has been constructed with a full-scale conversion to electrification in mind, focusing on ‘eco-friendly’ and ‘worker-friendly’ processes.

The body shop is now a high-tech logistics factory thanks to the introduction of automated guided (AGV) forklifts, and the green credentials of the paint shop have been increased by applying the water-based 3C1B method instead of the previous oil-based 3C2B method. New equipment has also been introduced to improve wellbeing and reduce the workload of plant employees, including machinery which can automatically install high-voltage batteries, wheels and tires on the vehicles.
Following the completion ceremony of the Gwangmyeong EVO Plant, Kia will ramp up EV production. Mass production of the EV3, a compact all-electric SUV, began in the first half of this year. The EV3 is Kia's third dedicated EV model after the Kia EV6, the all-electric crossover SUV launched in 2021, and the Kia EV9 all-electric flagship SUV launched in 2023.
In the first half of 2025, Kia plans to introduce the EV4, the brand’s mid-sized electric sedan.
JSW Greentech Partners Dassault Systèmes For Commercial Vehicle Plant
- By MT Bureau
- August 13, 2026
JSW Greentech, the electric commercial vehicle division of JSW Group, has selected software company Dassault Systemes to implement a manufacturing execution system at its production facility in India.
The company will deploy Dassault Systemes’ DELMIA Apriso applications to build a digital platform across the plant floor. The system will manage operations for JSW Greentech's line of electric trucks and buses from the start of production.
Headquartered in Mumbai, JSW Greentech is establishing technology development and manufacturing capacity within India's commercial vehicle sector. The deployment of the manufacturing execution system aims to standardise operations management by connecting production execution directly with quality control and material tracking.
Sumit Mittal, Chief Executive Officer, JSW Greentech, said, “As we build a state-of-the-art commercial EV manufacturing facility, it is imperative that we complement it with equally advanced technology systems. Our partnership with Dassault Systèmes and its MES platform brings global expertise and digital capabilities to our manufacturing ecosystem. Together, this will enable us to create a smart, connected and future-ready operating environment, setting a new benchmark for technology-led manufacturing in India’s commercial vehicle industry.”
Deepak NG, Managing Director for India, Dassault Systemes, said, “In India, considering the pace at which the market is moving, it is equally important that we address sustainability during production. Leveraging Dassault Systèmes' systems like DELMIA Apriso is further strengthening our commitment toward technology adoption and sustainable manufacturing standards. The future of sustainable mobility in India depends on how efficiently we can scale clean transportation. By building its production around a connected digital backbone from day one, JSW Greentech is driving this transition. This collaboration underscores Dassault Systèmes' commitment to empowering India's EV ecosystem with virtual twin technology to accelerate innovation, manufacturing excellence, and sustainable growth.”
Daimler Truck North America Announces Plots New Manufacturing Facility To Strengthen Operations
- By MT Bureau
- August 10, 2026
Daimler Truck North America (DTNA), a subsidiary of Daimler Truck AG, has announced plans to construct a manufacturing facility in the United States. The plant aims to expand production capacity for vocational and on-highway trucks while increasing operational flexibility across North America.
The facility will utilise production technologies, manufacturing systems and assembly processes to handle various vehicle configurations. DTNA is evaluating site locations based on supply chain access, workforce availability, logistics infrastructure, and business conditions. Construction is scheduled to commence in late 2026, with production expected to begin in 2029. The project is projected to generate jobs and local economic activity through supplier and community partnerships.
Karin Radstrom, President and CEO, Daimler Truck, said, “This new manufacturing facility supports our long term growth plans for North America. It strengthens our ability to serve customers by responding faster and more flexibly to their evolving needs while unlocking our full potential through growth, scale and efficiency in line with our global strategy.”
John O’Leary, President and CEO, Daimler Truck North America, stated, “Our industry never stands still, and neither can we. This investment reflects our confidence in the future of commercial transportation and the strength of the North American market. We are building for the future by creating a manufacturing network that is more flexible, resilient, and aligned with our customers' evolving needs. This facility will strengthen our ability to deliver industry-leading products while supporting long-term growth in the United States.”
At present, the company operates manufacturing sites across North Carolina and South Carolina, including facilities in Cleveland, Gastonia, Mount Holly, High Point and Gaffney. It maintains its corporate headquarters and engineering development hub in Portland, Oregon.
Hindalco Industries Posts INR 70 Billion Net Profit For Q1 FY2027
- By MT Bureau
- August 08, 2026
Hindalco Industries, the flagship metals company of the Aditya Birla Group, has reported its financial results for Q1 FY2027, recording 32 percent YoY growth in revenue at INR 848.25 billion, as compared to INR 642.32 billion a year ago.
The EBITDA came at INR 149.89 billion, up 73 percent YoY, as compared to INR 86.73 billion a year ago, while net profit came at INR 70.13 billion, up 75 percent YoY, as against INR 40.04 billion a year ago.
The robust performance was supported by earnings across the aluminium upstream, aluminium downstream, copper and Novelis business segments.
The company's subsidiary, Novelis, reported revenue of USD 5.8 billion, representing a 23 percent increase from USD 4.7 billion in the same period last year, driven by metal price movements. Adjusted EBITDA for Novelis rose 24 percent to USD 516 million, while shipments stood at 916 kilo-tonnes compared to 963 kilo-tonnes in the previous year.
Operational developments at Novelis included the restart of the Oswego hot mill in June 2026 and ongoing commissioning at the Bay Minette plant, with commercial shipments planned for the first quarter of the 2028 financial year.
Satish Pai, Managing Director, Hindalco Industries, said, “Hindalco has started FY27 on a strong note, delivering record Revenue, EBITDA and PAT, with every business segment contributing meaningfully to this performance. Our India business delivered another record quarterly performance while Novelis reported improved profitability supported by the successful restart of Oswego and continued benefits from cost optimisation measures. Our Aluminium Upstream business reported an all-time high EBITDA, backed by favourable macros and operational efficiencies. Both our Copper and Aluminium Downstream businesses also delivered record quarterly EBITDA reflecting the continued strength of our diversified business model, value added products and operational excellence.”
“Looking ahead, our pipeline of strategic investments remains robust across upstream and downstream. As we continue to expand upstream capacities in alumina, aluminium and copper, we are scaling up our downstream projects. Projects such as Aditya FRP, battery foil, battery enclosure, Inner Grooved Tube are progressing well while the ramp of Novelis’ Oswego plant and Bay Minette plant will mark another milestone in our downstream growth journey. Together, these investments position Hindalco uniquely as an integrated global metals company with the right balance of upstream strength and downstream value addition to deliver sustainable, long-term growth,” said Pai.
On operational measures, Hindalco commissioned a 65 MW captive round-the-clock renewable energy facility at Aditya Aluminium. The company recorded an overall waste utilisation rate of 80 percent for the quarter and expanded bauxite residue quarry backfilling operations at Dalla in Uttar Pradesh. Water recycling rates reached 29 percent across industrial operations, and the company planted 80,000 saplings during the three-month period.
Vega Auto Commences Production Of Revo Optical Coated Visors In India
- By MT Bureau
- July 30, 2026
Vega Auto, the parent company of helmet brand Axor, has commenced production of Revo optical-coated helmet visors in India, marking the start of local manufacturing for the component.
The production launch follows an investment of over INR 20 million in optical coating technology and manufacturing infrastructure. The company plans to produce up to 2.4 million units of the coated visors at its domestic facilities.
The visors utilise multilayer optical coating technology designed to control light glare in bright environmental conditions and reduce visual fatigue. The product engineering focuses on glare management and optical clarity during daylight riding, expanding safety design beyond structural impact protection to address rider visual field requirements and road environment awareness.
Girdhari Chandak, Managing Director, Vega Auto Accessories, said, "At Axor, we believe rider safety begins long before impact, it begins with vision. A rider who can see more clearly can anticipate better, react faster and ride with greater confidence. Becoming the first company in India to manufacture Revo Optical Coated Helmet Visors is a proud milestone for Vega Auto. Our investment of over INR 20 million in advanced optical coating technology reflects our commitment to building world-class innovation in India. Revo is more than a premium visor. It represents a new approach to helmet innovation, one that combines protection with superior visual performance, comfort and rider confidence. This is only the beginning of our journey to redefine rider vision technology."
The manufacturing process incorporates multilayer coatings applied directly to the visor surface to produce a reflective finish while maintaining light transmission properties. Vega Auto will integrate the locally produced visors into its Axor product portfolio while continuing the development of component manufacturing capabilities in India.

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