Kia to invest $33 bil. by 2030 to boost future mobility competitiveness
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Kia, Korea's second-largest automaker, said Thursday it will invest 49 trillion won ($33 billion) in facilities and research and development (R&D) through 2030 to strengthen its position in future mobility. The planned investment for 2026-2030 represents an increase of 7 trillion won from the previous five-year plan, with 43 percent allocated to electrification, autonomous driving and robotics, the company said in a statement. Kia aims to expand its electric vehicle (EV) lineup from 11 models in
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