Hyundai Motor to make electric cars in Singapore: Report

Hyundai Motor Co. will manufacture electric vehicles in Singapore starting in 2022, the Straits Times reported.

File photo used for representational purpose. (REUTERS)
File photo used for representational purpose.

The Seoul-based automaker will produce 30,000 electric cars a year at the Singapore plant, with as many as 6,000 set to be sold in the city-state, the newspaper said, citing Teo Hock Seng, executive chairman of Hyundai distributor Komoco Motors.

Also Read : Why Hyundai is tripling down on Ioniq brand with three EV launches starting 2021

The first vehicle from the plant will likely be an electric compact crossover that may be called Ioniq 3, the newspaper said, citing sources it didn’t identify. Construction for the 28,000 square-meter (301,389 square-foot) Singapore factory is set to begin in October, after delaying it from May due to the coronavirus outbreak, the paper said.

Also check these Cars

Find more Cars
Hyundai Kona Electric (HT Auto photo)
₹ 23.79 - 23.98 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Hyundai I20 (HT Auto photo)
₹ 6.99 - 11.16 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Hyundai Exter (HT Auto photo)
₹ 6 - 10.10 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Hyundai Nexo (HT Auto photo)
₹ 65 Lakhs *Expected Price
View Details
Hyundai Venue (HT Auto photo)
₹ 7.53 - 12.72 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Hyundai Stargazer (HT Auto photo)
₹ 10 Lakhs *Expected Price
View Details

Also Read : Hyundai Kona electric sets range record of over 1000 kms on single charge

South Korea’s largest automaker said earlier this month it plans to release new electric vehicles, setting a target of 10% of that market in five years. The company will unveil three EV models under its Ioniq brand starting from early 2021 to 2024, with the aim of selling 1 million of these vehicles by 2025.

Hyundai Motor also said earlier this year it was setting up an innovation center in Singapore to develop and test technology across the automotive supply chain, including the trial of the manufacturing process for electric vehicles. Construction of the facility in the western part of the island-state was targeted to complete in the second half of 2022, it said at the time.

The Singapore plant will employ hundreds of workers, the Straits Times cited a Hyundai spokesman as saying. He declined to give an investment figure for the project.

In October, Dyson Ltd. abandoned a $2.5 billion plan to build electric cars in Singapore because the maker of vacuum cleaners and hair dryers couldn’t find a way of making the project commercially viable. Ford Motor Co. closed its factory in the city-state about 40 years ago, effectively ending car production on the island.

First Published Date: 15 Aug 2020, 08:16 AM IST
Shopping Bag Shop Now
73% OFF
IDELLA Car Duster, Extendable Long Handle Microfiber Car Duster Exterior Scratch Free Car Cleaning Tool, Car Dust Brush for Truck, Pickup, SUV, RV, Motorcycle, Vehicles Cleaning,(Multicolor)
Rs. 239 Rs. 899
49% OFF
Antson Portable High Power 2 in 1 Car Vacuum Cleaner | USB Rechargeable Wireless Handheld Car Vacuum Cleaner Traveling, Camping Reusable and Sustainable, Portable,Rechargeable Vacuum (2 in 1)
Rs. 994 Rs. 1,939
74% OFF
Microfiber Car Cleaning Soft Brush Ideal as Mop Duster, Washing Brush with Long Handle, Dust Cleaner Car Wash Brush with Handle, Soft Brush Scratch Free, Cleaning Dashboard Curved Design - Grey
Rs. 389 Rs. 1,499
1% OFF
GOODAIR Clear Car Windshield Enhancer | Classic |12 Tablets
Rs. 295 Rs. 299

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
Powered by: Acko Logo
Please be noted that any information provided herein above will be received by Acko General Insurance Limited (“Acko”). By mentioning the above information, you agree to provide these details and information to Acko.
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.