Kia to Build Purpose-built Vehicle Plant in S. Korea

SEOUL, March 25 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Friday it will build a purpose-built vehicle (PBV) plant in one of its domestic plants, as it strives to become a future mobility solutions provider. Kia plans to complete the PBV plant by the end of 2024 and start operations in 2025, [...]