Kia Celebrates Milestone by Launching Future PBV Production Center in Korea

Written by Emily J. Thompson, Senior Investment Analyst

Source: Yahoo Finance

Updated: Nov 14 2025

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Source: Yahoo Finance

Kia's New PBV Facilities: Kia has completed the Hwaseong EVO Plant East and begun construction on the EVO Plant West, establishing a dedicated production hub for Platform Beyond Vehicle (PBV) models in South Korea.
Investment and Capacity: The company is investing approximately KRW 4 trillion in a 297,000 square-meter site, aiming for an annual production capacity of 250,000 PBV units, including 100,000 PV5 and 150,000 PV7 units.
Strategic Goals: The new facilities are part of Kia's strategy to support the global expansion of its PBV business and to foster a collaborative ecosystem through a PBV Conversion Center for co-development with partners.
Leadership Remarks: Key figures, including Kia's CEO and the Prime Minister of South Korea, emphasized the importance of innovation in future mobility, focusing on electrification and sustainable practices in the automotive industry.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.