Automotive



Kia invests $649 million to produce and sell electric vehicles in Mexico

Kia has announced plans to manufacture and sell a fully electric vehicle in Mexico, reinforcing the country's growing role as a strategic hub for electric vehicle production in North America. The automaker will invest $649 million in its Mexican operations, according to Hugo Chávez, Kia's......

Blackstone backs South Korean robotics supplier Futronic in strategic growth investment

Blackstone has expanded its presence in the industrial technology sector through a new investment in Futronic, a South Korean manufacturer specializing in high-precision actuators for automotive and industrial robotics applications. The transaction, announced on Monday, underscores growing investor......

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