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Hyundai Launches IONIQ 3 Electric Vehicle Production in Turkey, Offering 497km Range
🇬🇷 Greece /Technology

Hyundai Launches IONIQ 3 Electric Vehicle Production in Turkey, Offering 497km Range

From Ta Nea · () Greek

Translated from Greek, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Hyundai has begun production of its new electric vehicle, the IONIQ 3, in Turkey, boasting a range of up to 497 km.
  • The plant underwent a €250 million upgrade to accommodate electric vehicle production, with over 1,000 employees retrained.
  • Hyundai plans to produce approximately 30,000 IONIQ 3 units annually, reinforcing Turkey's role as a key manufacturing hub for European customers.

Hyundai has officially launched production of its new electric vehicle, the IONIQ 3, at its plant in Turkey. This new model offers an impressive WLTP range of up to 497 kilometers on a single charge and can achieve an 80% charge in approximately 30 minutes.

We are proud to produce the first-generation IONIQ 3 in Turkey. As part of our transformation process, about 50% of our factory has been modernized, with more than 1,000 employees taking on different roles throughout this transformation.

— Alex KimHighlighting the significance of local production and employee involvement.

The commencement of IONIQ 3 production follows a significant €250 million investment aimed at transforming the company's Izmir facilities over the past two years. More than half of the plant's infrastructure has been modernized to support the manufacturing of Hyundai's latest generation of electric vehicles, aligning with the brand's flexible engine strategy. This move further solidifies Turkey's position as an increasingly vital automotive manufacturing hub for Hyundai's European market.

Initially, Hyundai Motor Türkiye aims to produce around 30,000 units of the IONIQ 3 per year. Alex Kim, CEO of Hyundai Motor Türkiye, expressed pride in manufacturing the first-generation IONIQ 3 locally. He highlighted the extensive modernization of the factory, involving over 1,000 employees in new roles, and emphasized Hyundai Motor Company's long-term commitment to its Turkish operations.

The IONIQ 3 represents a long-term commitment for Hyundai Motor Company, Hyundai Motor Europe, and Hyundai Motor Türkiye.

— Alex KimStressing the strategic importance of the IONIQ 3 for the company.

"Looking ahead, we aim to continue investing in various areas to further enhance our production capabilities in the coming years," Kim stated, underscoring the company's strategic vision for growth and development in the region. The production of the IONIQ 3 is a key step in Hyundai's global electrification strategy, leveraging its Turkish manufacturing base to meet growing demand for electric vehicles in Europe.

Looking ahead, we aim to continue investing in various areas to further enhance our production capabilities in the coming years.

— Alex KimIndicating future investment plans in Turkey.
DistantNews Editorial

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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