Hyundai (Seoul/005380) Motor Turkiye is planning to launch production of an electric vehicle (EV) model at its Izmit plant in 2026, the company said on March 3. Alongside EVs, Hyundai’s Turkey ...

Ioniq 70% of the Hyundai models sold in Europe were produced at the company’s facilities in the Czech Republic and Turkey ... the-road EV profits through economies of scale. By manufacturing ...

South Korea’s Hyundai Motor Group—led by billionaire Euisun Chung—announced on Tuesday that the conglomerate will invest $18 billion into its domestic electric vehicle (EV) manufacturing ...

Hyundai has made more progress toward electrification than many automakers, but it hasn’t yet cracked the affordable EV code ... a new platform that helps cut manufacturing costs.

The South Korea-based automaker is “doubling down” on its EV investment, including a $7.6 billion dedicated manufacturing facility in Georgia, said Hyundai Motor America CEO Randy Parker.

That’s where Hyundai last month opened its $7.6 billion Metaplant and is coalescing its EV manufacturing efforts for the North American market. “We are planting roots in Georgia,” Muñoz said.