Kia to Make and Sell Electric Vehicle in Mexico, Invest $649 Million
21 Articles
21 Articles
Kia is investing $649 million (approximately 940 billion won) in Mexico for electric vehicle production, renewable energy, and the establishment of charging infrastructure. Horacio Chávez, President of Kia Mexico, announced these investment plans on the 29th (local time) while attending a regular press conference with Mexican President Claudia Sheinbaum. Kia plans to convert the production lines at its Pesqueria plant in Nuevo León to produce th…
(Mexico City = Yonhap News) Correspondent Song Gwang-ho = Kia is investing $649 million (940 billion won) in Mexico for electric vehicle production, renewable energy, and the establishment of charging infrastructure...
South Korean automaker Kia will produce and sell fully electric vehicles in Mexico, said Horacio Chávez, the company’s CEO, on Wednesday (29). The automaker will invest US$649 million in the country, Chávez added during a press conference alongside Mexican President Claudia Sheinbaum. The EV3 electric model is currently manufactured in South Korea, but, starting August 4, its production will begin at a Kia factory in the Mexican state of Nuevo L…
Kia to make and sell electric vehicle in Mexico, invest $649 million
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