Kia to Invest $649 Million to Bring Electric Car Production to Mexico
The automaker opened pre-orders this week and plans to launch the compact electric SUV in the U.S. by year-end.
- On Wednesday, Kia Mexico managing director Horacia Chavez announced a $649 million investment to produce electric vehicles in Mexico during President Claudia Sheinbaum's daily press conference.
- Kia will build the compact electric SUV in Mexico, opening pre-orders this week for the 2027 Kia EV3 that the company plans to ship later this year.
- The EV3 Light uses a 58.3 kWh battery providing up to 220 miles of EPA range, while higher-priced trims feature an 81.4 kWh battery delivering up to 320 miles of EPA range.
- In Mexico, the Kia EV3 SXL is available for pre-order at 767,700 pesos, or about $44,000; the Kia EV3 is expected to start at around $35,000 in the US.
- Based on the E-GMP platform, the EV3 Light charges from 10% to 80% in about 29 minutes, and the SUV includes a native NACS charge port for broader compatibility.
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Andy Kim, CEO of KIA Mexico, leads the South Korean automotive strategy in the country with a focus on sustainability and electromobility. Under his direction, the company announced an investment of 649 million dollars in the Pesqueria plant, Nuevo León, to produce the electric model KIA EV3 between 2026 and 2028. This project will generate more than 1,500 jobs by 2030 and aligns with Claudia Sheinbaum's Plan Mexico, reinforcing KIA's commitment…
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…
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