The revised timeline is due to unspecified delays. Read more at straitstimes.com.
SINGAPORE - Hyundai Motor is now expected to open its plant in Singapore in the fourth quarter - one year after its original target date.was initially delayed by the Covid-19 pandemic, which shifted the timeline from end-2022 to the second quarter of 2023.This new timeline was given by Mr Andy Kang, Hyundai Motor’s head of sales innovation group, on Tuesday.
“We are looking eventually at exporting to nearby markets such as Australia and New Zealand,” he added.assembles the Ioniq 5 But things may change. Mr Kang said the company is “considering doing body pressing and painting here in the future”, and would need a new designated site for this. The move, if it happens, will transform Singapore into a full car manufacturing location, as opposed to an assembly site now.
“For instance, it does not have an assembly line, but uses robots to move parts around the factory floor. We are looking at new ways of manufacturing which are different from the traditional ways.”
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