Hyundai has opened the gates of a brand new factory in Indonesia. It is Hyundai’s first plant in Southeast Asia. Hyundai will start production of the electric Ioniq 5.
Hyundai produces its electric cars in South Korea and the Czech Republic, but now has a birthplace added to it. Hyundai has opened a brand new factory in Indonesia where the brand will produce electric cars. In the factory located in the Deltamas industrial area, Hyundai will start production of the electric Ioniq 5, but later the brand also wants to produce other EVs.
The new factory will initially have an annual production capacity of 150,000 cars, although that will be increased to 250,000 in the coming years. The new plant is part of Hyundai’s comprehensive strategy for electric cars and everything that comes with it. For example, Hyundai is currently building a battery factory in Karawang, Indonesia, together with LG Energy Solutions. That factory should open its doors in 2023. Hyundai aims to have a 7 percent share of global electric car sales by 2030.
– Thanks for information from Autoweek.nl