On the Dash: Kia will invest $649 million to build the EV3 at its Nuevo Leon plant starting Aug. 4. The move expands Kia’s U.S. EV lineup as other automakers pull back on electric plans. Mexico is courting foreign automakers amid U.S. proposals to tighten North American content rules. Kia will invest $649 million to bring electric vehicle production to Mexico. Horacio Chavez, Managing Director for Kia, announced the investment Wednesday during President Claudia Sheinbaum’s daily press conference. The EV3 is currently built in South Korea, but production will shift to a Kia plant in the Mexican state of Nuevo Leon starting Aug. 4, Economy Minister Marcelo Ebrard said. Sign…
