Hyundai Motors Begins Constructing an EV Plant in Ulsan


Hyundai Motor Company celebrated the launch of a new electric vehicle (EV) facility at its Ulsan complex, which is located in the center of Korea's automotive sector. Building on the idea first outlined by Hyundai Motor's founding chairman more than 50 years ago, the new EV-dedicated facility will lay the groundwork for future growth in the era of electrification.

The new EV-focused plant will be a human-centered establishment with a cutting-edge production platform that provides the best possible working conditions for staff members. In the age of electrification, Hyundai Motor's mobility manufacturing will also be centred at the new plant. Hyundai Motor's Ulsan Plant Complex will serve as a foundation for future mobility production with the addition of the new plant.

Hyundai Motor will actively develop its 56-year brand legacy, automotive industry expertise, and technological capabilities at the new facility. The company will also continue to innovate for the good of mankind in the era of people-centered humanism-based vehicle electrification.

Attendees at the occasion were Dong-seock Lee, Executive Vice President, Chief Safety Officer, and Head of Domestic Productions for Hyundai Motor Company, as well as Euisun Chung, Executive Chair of Hyundai Motor Group and President and CEO of Hyundai Motor Company. Dignitaries such as Youngjin Jang, the first vice minister of the Ministry of Trade, Industry, and Energy, and Doo-gyeom Kim, the mayor of Ulsan Metropolitan City.

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