Key facts
- Kia will produce and sell a fully electric vehicle in Mexico.
- The company plans to invest $649 million in Mexico.
- The announcement was made by managing director Hugo Chavez.
- The announcement was made during President Claudia Sheinbaum's daily press conference.
South Korea's Kia will produce and sell a fully electric vehicle in Mexico, according to managing director Hugo Chavez. The car manufacturer will invest $649 million in Mexico, he announced during President Claudia Sheinbaum's daily press conference. The second source provided details on various Kia EV models like the EV4, EV2, EV3, and EV4 Fastback, along with their monthly leasing prices and some specifications such as range and cargo volume, but these details are not directly linked to the Mexico production announcement in the primary source.