Mass Production of Purpose-Built Electric Cars in Sight as Kia Commences Factory Construction
South Korean car manufacturer Kia has started building a specialized factory focused on battery-electric purpose-built vehicles (PBVs). These cars are designed for various commercial uses like delivery and ride-hailing services.
The construction follows shortly after Kia’s recent CEO Investor Day, where the company pledged to release 15 electric vehicle models by 2027 and laid out future plans for their PBV segment.
The new factory, which is located in Hwaseong, Gyeonggi Province, South Korea, is a major …