Kia to invest W3tr to build new EV facility in Gwangju

Kia said Friday that it would invest 3 trillion won ($2.21 billion) in a new electric-vehicle production facility at AutoLand Gwangju, transforming the plant into a strategic mobility base. Running through 2029, the investment is part of Hyundai Motor Group’s broader commitment announced in November 2025 to inject 125.2 trillion won into domestic operations over five years. The new funding will expand the Gwangju plant's manufacturing line beyond internal combustion engine models into a primary