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The Nexus
BUSINESSJul 29 · 23:48 UTCMEXICO NEWS DAILYMND Staff

Kia will invest US $649 million to manufacture electric SUVs in Mexico

Kia will invest $649 million in Mexico over two years to manufacture its EV3 electric SUV model at the Pesquería plant in Nuevo León, creating jobs and aligning with President Claudia Sheinbaum’s Plan Mexico economic strategy. Production, starting August 2026, will prioritize domestic content growth and sustainability projects, with a significant portion of vehicles destined for the Mexican market.

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Kia will invest US $649 million to manufacture electric SUVs in Mexico · The Nexus