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Kia to lease first China plant to local partners
2019-05-29 13:01:07
Kia Motors will lease the first plant it established in the east China city of Yancheng with Dongfeng Motor Group and local investment company Jiangsu Yueda Investment Co. to the two local partners, who plan to build electric vehicles for a Chinese startup, Korean news agency Yonhap reported. China startup Human Horizons said Monday it will use the joint venture plant to make its first model. The Shanghai company said it expects to start mass-producing new-energy vehicles at the factory in 2021.
Miss.Dong Lu

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