Kia to invest 3 tln won in Gwangju to build PBV mobility ecosystem by 2029
SEOUL, Nov. 6 (Yonhap) -- Kia Corp. said Friday it will invest 3 trillion won (US$2.2 billion) through 2029 in the southwestern city of Gwangju to establish an ecosystem for purpose-built vehicles (PBVs). The South Korean automaker signed a memorandum of understanding with Jeonnam-Gwangju…