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Friday, July 31 · Morning brief 17 stories Under 30 min total Insider · Non-partisan

AUTOMOTIVE · EV

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Illustration for: Kia confirms US$649M for EV3 at Pesquería — production starts August 4
AutomotiveEVPesqueríaInvestment

Kia confirms US$649M for EV3 at Pesquería — production starts August 4

President Sheinbaum, Marcelo Ebrard, and Kia México's Andy Kim used the daily mañanera to make the Pesquería EV line official. It's the first fully electric vehicle assembled in Mexico, retooling the existing plant rather than building a mirror complex. Batteries next.

3 min4 sources

Also moving the market

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Moved down the rank

Earlier this week · Text only
  1. 08
    AerospaceExecutive SearchFrom the show

    Alder Koten at Farnborough 2026: what Silvia Flores and Jose Ruiz saw on the ground

    The IMD International Search Group's Aerospace Practice was on the tarmac in Hampshire this week. Two of its senior operators — Silvia Flores in Monterrey and Jose Ruiz in Houston — describe the quiet conversations that don't make the headlines: how program transfers into Mexico are being staffed, what a technical VP looks like when a line moves from a US or European plant into the Bajío, and which Mexican aerospace announcements from the show floor actually change the leadership map.

    6 min read4 sources
  2. 09
    InvestmentH1 2026

    Nuevo León led Mexico in H1 investment announcements — US$5.58 billion, one in eight dollars

    The Ministry of Economy's semester tally is in: US$46.96B announced nationwide, and Nuevo León took 12% of it. The projects are pointed at advanced manufacturing, electromobility, logistics, and energy — with 6,120 direct jobs attached. What's less obvious in the headline: the state's ability to keep converting announcements into ground-broken sites is what will decide whether this ranking holds through H2.

    4 min read3 sources
  3. 10
    AutomotiveEVPesquería

    Kia adds US$600M to its Pesquería plant — the biggest single EV bet of H1

    New EV assembly lines, energy infrastructure upgrades, and a water-efficiency retrofit for the Korean automaker's Pesquería complex. Three hundred direct jobs in the announcement — but the read-through is the Tier-1 Korean supplier network that Kia's expansion pulls in behind it.

    3 min read2 sources