#FactoryConstruction

Faraday Future has stopped construction on its billion-dollar electric vehicle factory in North Las Vegas. This is another blow against a company with intentionally foggy structuring, mysterious revenue sourcing, and an financially overburdened parent company.

Kia officially announced Wednesday it is launching the brand in Mexico, with sales to begin July 1 of this year.

Volvo could soon join BMW, Mercedes-Benz and Kia in the Southeastern United States, as the Sino-Swedish automaker is seeking a home for a new factory.

With the need to increase supply to meet U.S. demand, Kia is in talks with Mexican officials about building a new factory in the country.