Kia to invest $649 million in electric vehicle production in Mexico


07/30/2026

Kia, the South Korean automaker, will allocate $649 million in Mexico, as revealed by Horacio Chavez, Managing Director of the firm's Mexican branch, at a press event alongside Mexican President Claudia Sheinbaum.



Ivan Radic
The senior executive stated that Kia plans to upgrade the production line at its facility in Nuevo León and will manufacture all-electric vehicles there.

From August 4, EV3 electric crossovers, which are now made in South Korea, will continue to be produced there, as stated by Mexican Economy Minister Marcelo Ebrard, according to Reuters.

Sheinbaum clarified that a large share of the production will be aimed at the domestic market.

source: reuters.com