Wednesday, January 26, 2022

IONIQ 5

Hyundai Motor’s EV plan at risk of losing impetus

Hyundai Motor has received about 43,000 preorders for the Ioniq 5 since Feb. 25 but just 114 units were delivered in the first month of its domestic launch in April, according to industry data.

Hyundai expands key plant suspension

Hyundai will halt the operation of the Asan plant, 100 kilometers south of Seoul, which produces the Grandeur and Sonata sedans, from Monday to Tuesday, a company spokesman said over the phone.

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