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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Hyundai Motor Says it Will Build its First South Korean EV Factory

03 October 2018, France, Paris: A general view of the logo of South Korean carmaker Hyundai during the Paris International Motor Show. (dpa)

Hyundai Motor Co said on Tuesday it would build a dedicated electric vehicle (EV) factory in South Korea that will become its first automobile plant to open in the country in almost three decades.

Production is due to begin by 2025, the company's union said in a statement, relaying a pledge that the company had made in wage negotiations.

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