Kia America COO, Steve Center, believes that ending the federal tax credit on electric vehicles (EVs) would have a negative impact on U.S. jobs and the auto industry.
Kia and Hyundai have made significant investments in EV manufacturing in Georgia to comply with the incentive's requirements.
Analysts predict that removing tax incentives could lead to a 27% drop in demand for EVs.
The Zero Emission Transportation Association (ZETA), which includes Tesla, Waymo, Rivian, and Uber, supports the existing federal tax incentives for EV production and sales.