Hyundai Motor plans to begin assembling Ioniq 5 EV in Singapore in H1 CY2023

Corporate developments

Hyundai’s EV assembly facility in Jurong, Singapore, is slated to have an annual assembly capacity of up to 30,000 vehicles per year by 2025

South Korean carmaker Hyundai Motor plans to start assembling its Ioniq 5 electric vehicle (EV) at its plant in Singapore in the first half of CY2023, according to a news report published by The Straits Times on 11 January 2023.

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