Hyundai to manufacture electric cars in Singapore

hyundai-concept-symbolic-picture

Hyundai is planning to produce electric cars in Singapore from 2022. The first vehicle from the plant will probably be a compact crossover model called Ioniq 3.

Hyundai plans to produce 30,000 electric cars per year at the new plant in Singapore, of which up to 6,000 will be sold in the city-state itself. The start of construction of the 28,000 square meter Hyundai factory in Singapore was originally planned for May 2020 but was postponed to October due to the coronavirus outbreak.

Just a few days ago, Hyundai announced that it would make Ioniq its own sub-brand for future BEVs based on the new Electric Global Modular Platform (E-GMP) with 800-volt technology. The first model will be the Ioniq 5 based on the Hyundai 45 concept car next year, and two further Ioniq models have already been announced.

The Singapore government wants to expand the public charging infrastructure from the current 1,600 to then 28,000 charging points by 2030 and is planning a series of monetary incentives from next year to support the introduction of electric vehicles. The goal is to have no more combustion engines on Singapore’s roads from 2040 onwards.

businesstimes.com.sg

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