MarketJiangsu Yueda Kia Motors
Company Profile

Jiangsu Yueda Kia Motors

Jiangsu Yueda Kia Motors Co., Ltd. is an automotive manufacturing company headquartered in Yancheng, China and a joint venture between Jiangsu Yueda Group and Kia. The company was formerly known as Dongfeng Yueda Kia Motors Co., Ltd. until Dongfeng withdrew from the joint venture in late 2021.

History
Dongfeng Yueda Kia was founded in 2002. In August 2003, it was announced that Dongfeng Yueda Kia would invest around US$600 million in the construction of a new assembly plant in Jiangsu Province with a capacity to produce 400,000 vehicles per year. In November 2011, Dongfeng Yueda Kia announced that it would construct its third automobile manufacturing plant in Yancheng. Construction of the plant took place between 2012 and 2014. In February 2022, South Korea's Kia Motors Corporation signed an agreement to expand investment with the People's Government of Yancheng City and Jiangsu Yueda Group, and the two parties will establish a new joint venture. On the evening of 1 March, Yueda Automobile issued an announcement that Dongfeng Yueda Kia Automobile Co., Ltd. plans to increase capital by US$600 million. Yueda Investment issued an announcement to give up increasing investment in Dongfeng Yueda Kia. Prior to this capital increase, the equity structure of Dongfeng Yueda Kia was Kia Corporation, Yueda Automobile Group, and Yueda Investment, each holding 50%, 25%, and 25%, After the capital increase, the shareholding ratio of the new company is 50% for Kia Motors, 45.8% for Yueda Automobile Group and 4.2% for Yueda Investment respectively. Yueda Automobile Group and Yueda Investment are persons acting in concert. On 22 March 2022, Dongfeng Yueda Kia was renamed Kia Motors Co., Ltd. In May of the same year, it was renamed Jiangsu Yueda Kia Motors Co., Ltd. ==Plants==
Plants
The Jiangsu-Yueda-Kia's plant in Yancheng, Jiangsu Province manufactures Kia vehicles for the Chinese market. The plant will also accommodate the initial mass production of the HiPhi X electric crossover starting from 2021. ==Sales==
Vehicles
Kia CarnivalKia K3Kia K5Kia StonicKia SeltosKia SonetKia Pegas/SolutoKia Sportage AceKia SportageKia EV6 (imported) • Kia EV5 Former vehicles Kia CeratoKia FuruidiKia K2Kia K4Kia KX CrossKia KX3Kia KX5Kia KX7Kia OptimaKia RioKia QianlimaKia Sportage RKia Soul HiPhi vehicles HiPhi XHiPhi YHiPhi Z == Gallery ==
Gallery
File:Kia Pegas 01 China 2018-03-20.jpg|Kia Pegas File:Kia K3 III facelift on display, yellow, front quarter.jpg|Kia K3 File:KIA K5 (DL3) China (9).jpg|Kia K5 File:Kia KX1 001 China 2019-03-20.jpg|Kia Stonic File:Kia Seltos 001.jpg|Kia Seltos File:Kia Sportage Ace 001.jpg|Kia Sportage Ace File:KIA SPORTAGE (NQ5) China (3).jpg|Kia Sportage File:2024 Kia Sonet (China) front view.png|Kia Sonet File:Kia EV5 01 China 2025-03-25.jpg|Kia EV5 File:KIA EV6 GT China.jpg|Kia EV6 File:KIA CARNIVAL (KA4) China (3).jpg|Kia Carnival Former File:KIA CERATO SEDAN (LD) China (7) (cropped).jpg|Kia Cerato File:KIA FORTE R (KIA FORTE SEDAN (TD)) China.jpg|Kia Forte R File:Kia Forte Furuidi IMG001 (cropped).jpg|Kia Forte Furuidi File:Kia K2 UC 01 China 2017-03-30.jpg|Kia K2 File:Kia K2 hatchback.jpg|Kia K2 hatchback File:Kia K4 China 2016-04-04.jpg|Kia K4 File:2018 Kia K4 Cachet front 8.16.18.jpg|Kia K4 Cachat File:2018 Dongfeng-Yueda-Kia KX Cross, front 8.7.18.jpg|Kia KX Cross File:Kia KX3 KC facelift China 2017-03-31.jpg|Kia KX3 File:2019 Dongfeng-Yueda-Kia KX3.jpg|Kia KX3 Aopao File:Kia KX5 facelift 01 China 2019-04-02.jpg|Kia KX5 File:Kia KX7 01 China 2017-03-19.jpg|Kia KX7 File:Kia Optima MS facelift Sanming 01 2022-11-14.jpg|Kia Optima File:KIA RIO SEDAN (JB) China (cropped).jpg|Kia Rio File:KIA QIANLIMA (HYUNDAI ACCENT (X3)) China.jpg|Kia Qianlima File:KIA SOUL (AM) China (6).jpg|Kia Soul ==References==
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