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HYUNDAI OPENS NEW PLANT TO PRODUCE BATTERY ELECTRIC VEHICLES (BEVS) IN SOUTHEAST
ASIA

Staff Writer
- Mar 16 2022


Hyundai Motor Company has inaugurated Hyundai Motor Manufacturing Indonesia, its
first factory in Southeast Asia, located 40 kilometres east of the capital city
of Jakarta. The new plant will produce EV models such as IONIQ 5 battery
electric vehicle (BEV).

The IONIQ 5 is Hyundai’s first dedicated BEV model produced in Southeast Asia. 

Hyundai plans to invest in the plant amount of around USD 1.55 billion and the
production capacity is due to be increased to 250,000 units.

The ceremony was attended by President of the Republic of Indonesia, Joko
Widodo, and Executive Chair of Hyundai Motor Group, Euisun Chung.

The company is also working with LG Energy Solutions to build a battery cell
factory in Karawang, Indonesia, targeted for completion in the first half of
2023 and starting production in 2024. 

Euisun Chung, Executive Chair of Hyundai Motor Group, says: “Indonesia is a key
hub for Hyundai Motor’s future mobility strategy. This plant will play a key
role in the automotive industry and specifically in the field of electric
vehicles. Moreover, Hyundai will keep contributing to the establishment of the
electric vehicle ecosystem in Indonesia through the battery cell plant currently
under construction. This will further help support Indonesia to play an
important role in the global landscape. We hope Hyundai’s future technologies
will be the foundation of greater collaboration with Indonesia.”

“Today, I inaugurate and launch Hyundai Motor Manufacturing Indonesia’s plant
and the first IONIQ 5 electric car produced in Indonesia,” states Joko Widodo,
President of the Republic of Indonesia. “I hope that this IONIQ 5 from Hyundai
will become an important milestone in the development of Indonesia’s electric
vehicle ecosystem, and to further accelerate the electric car ecosystem that is
more advance.”



Established in 1967, Hyundai Motor Company offers a range of world-class
vehicles and mobility services in more than 200 countries.

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 * Hyundai Motor Company
 * LG Energy Solutions
 * Euisun Chung
 * Joko Widodo

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