Electric vehicle plant, South Korea
Photo by Hyundai Motor Company
Name of the Project
Electric vehicle (EV) plant.
Location
Hyundai Motor Company’s former proving ground, in Ulsan, South Korea.
Project Owner/s
Hyundai Motor Company.
Project Description
The 548 000 m2 plant, with a capacity to produce 200 000 EVs a year, will be Hyundai’s first new plant in South Korea in 29 years.
An electric sports utility vehicle from Hyundai Motor Group luxury brand, Genesis, will be the first model to be produced at the new plant.
Hyundai Motor Company plans to apply an innovative manufacturing platform, which was developed by the Hyundai Motor Group Innovation Center, in Singapore (HMGICS), at the Ulsan plant to future-proof the facility and prioritise employee safety, convenience and efficiency.
Potential Job Creation
Not stated.
Capital Expenditure
$1.53-billion.
Planned Start/End Date
Full-scale construction started in the fourth quarter, with mass production starting in the first quarter of 2026.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Global PR Strategy & Planning – Hyundai Motor Company, Jihyun Park, email pjh85@hyundai.com.
Comments
Research Reports
Projects
Latest Multimedia
Showroom
In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.
VISIT SHOWROOM
From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
