KIA WILL INVEST $649 MILLION TO BRING ELECTRIC CAR PRODUCTION TO MEXICO
- NEWS Desk Global
- Jul 29
- 1 min read
South Korea's Kia will produce and sell fully electric vehicles in Mexico, managing director for the company Horacio Chavez said on Wednesday. The car manufacturer will invest $649 million in Mexico, Chavez added during President Claudia Sheinbaum's daily press conference.
The electric EV3 model is currently manufactured in South Korea, but starting August 4, production will begin at a Kia plant in the Mexican state of Nuevo Leon, Economy Minister Marcelo Ebrard said.
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