Kia Considers Production of Electric Vehicles in Mexico

Faced with the alarming consequences of climate change, Mexico is working at an accelerated pace to adopt measures that contribute to the decarbonization of transportation.

The electrification of the automotive sector is vital for the fulfillment of the Sustainable Development Goals since, according to UN estimates, this would lead to a substantial reduction in CO2 emissions.

The institution’s projections indicate that it could even achieve a reduction of 2.4 Giga tons of CO2, generating fuel savings of close to 85 billion dollars in the 2016-2050 period.

In view of this scenario, Kia, one of the world’s leading manufacturers, is analyzing the production of electric vehicles in Mexico, according to the Nuevo León Governor, Samuel García. It is worth noting that the brand already has an industrial complex in the region.

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Agreements in the Works

Kia representatives confirmed that negotiations are underway with the parent company. In the event of receiving the go-ahead to manufacture electric cars in the Mexican state, the objective is to take advantage of the tax credits that the United States will offer for the acquisition of these cars, which represents a great opportunity for the brand to multiply its sales.

More good news! Nuevo León consolidates as the Hub of eletromobility: Kia is once again betting on Nuevo León with an investment to expand its plant and produce two models of Kia cars,” Garcia hastened to tweet on May 16, to which, some time later, a company spokesperson ratified to The Korea Herald newspaper the company’s plans, although he clarified that it is still undecided.

“We are not building a new factory, but we are considering transferring some of the production lines for electric vehicles. The move is part of our response to the Inflation Reduction Act in the United States, but the exact timeline has not yet been decided,” he said.

It is worth noting that a few tables ago Tesla, a world leader in the production and marketing of electric vehicles, announced its first factory to manufacture new energy cars in Mexico.

Latam Mobility in Mexico

Taking into account the great advances in electric cars, Latam Mobility, the largest sustainable mobility community in Latin America returns once again to Mexico on October 10 and 11.

The meeting will feature leading authorities from the public sector and prestigious private companies to provide perspectives on sustainable mobility in the region.

  • For information on how to participate you can contact us by email at info@investinlatam.org
  • If you wish to purchase tickets for the meeting, click on the following link: https://bit.ly/3N567lD

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