Hyundai To Start Electric Car Production In Singapore

j

by Kivi

}

08.17.2020



According to Straits Times newspaper (via Bloomberg), Hyundai is going to produce electric cars in Singapore starting in 2022.

Construction of the 28,000 m2 assembly facility for 30,000 cars annually will start in October. Reportedly, it was scheduled to start in May but the coronavirus forced the delay of the project.

It would be the first new car production facility in the city-state since Ford retired from Singapore 40 years ago. There was another EV project in the works – by Dyson – but it was canceled.

It’s expected – according to the Straits Times’ article – that some 6,000 of locally produced EVs will be sold in Singapore, which means that the remaining 24,000 (80% of total) would be exported to some neighbor markets.

The question is what car exactly will be produced in Singapore? According to the article, it might be an electric compact crossover – Ioniq 3, one of the few announced recently.

We can guess that Singapore would be the right choice for a low-volume, high-end model, especially if the city-state would throw some incentives to make the deal attractive.

If the report is true, we should see an official announcement soon.



Source link

Kiviac.com is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Featured

Related Posts

The Game-Changing CHEAP Electric Car Inspired By Fish!

Jack is in Southern California to check out a vehicle that is by far the EV most requested by you, our wonderful subscribers: the Aptera. With an otherworldly design, unparalleled efficiency and a jaw-droopingly reasonable price tag, is this a genuine automotive...

read more
Follow Us

Comments

0 Comments

Submit a Comment

Your email address will not be published.

Related Posts

SINGAPORE First Impressions (one day in the city of the future)

SINGAPORE First Impressions (one day in the city of the future)

The city of the future: Singapore - Our First Impressions Episode 21 | Singapore | Filmed June 2022 The 24 hours we spent in Singapore were super special! We spent the day exploring the city, and going to iconic places like the haji lane, the gardens by the bay, the...

The Game-Changing CHEAP Electric Car Inspired By Fish!

The Game-Changing CHEAP Electric Car Inspired By Fish!

Jack is in Southern California to check out a vehicle that is by far the EV most requested by you, our wonderful subscribers: the Aptera. With an otherworldly design, unparalleled efficiency and a jaw-droopingly reasonable price tag, is this a genuine automotive...

Sci-Fi Podcast "CHRYSALIS" | Part Four: The Swarm | DUST

Sci-Fi Podcast "CHRYSALIS" | Part Four: The Swarm | DUST

Explore the DUST Multiverse on our App: https://bit.ly/DUSTChannel As he struggles to remember his previous life, Terran remains steadfast in his crusade of vengeance. Having mastered the alien technology from a captured enemy warship, the Terran prepares for his...