8 Articles
8 Articles
(Izmit [Turkey] = Yonhap News) Correspondent Kim Dong-ho = Hyundai Motor Turkey (HMTR) [at] its Izmit plant in Kocaeli Province, near Istanbul, on the 14th (local time)...
Hyundai Motor has begun production of the compact electric vehicle IONIQ 3 at its Izmit plant in Turkey. To target the European market, the company has spent two years modernizing facilities and deploying technicians, aiming for annual sales of 40,000 units next year. Discussions regarding incentives with the Turkish government are expected to be a variable affecting future market competitiveness.
Hyundai starts production of the Ioniq 3 in Turkey, the market launch is planned for the coming autumn. The price is probably starting at just under 27,000 euros, since one is almost at eye level with the ID Polo from VW. And otherwise Hyundai is also very close to the German car company. Hyundai announces that the Ioniq 3 can now be produced at the factory of Turkey. For Hyundai it is in many ways an important premiere and again an exclamation …
Hyundai Starts IONIQ 3 EV Production in Turkiye with $290 Million Investment
South Korean automaker Hyundai has begun mass production of its fully electric IONIQ 3 at its İzmit plant following an investment of 250 million euros. The launch marks the first time an international carmaker has produced a fully electric passenger vehicle in Türkiye, Industry and Technology Minister Mehmet Fatih Kacır said at a ceremony on Aug. 14. The plant will initially produce 30,000 IONIQ 3 vehicles annually. “For the first time, an inter…
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