Hyundai seeks to expand its electric vehicle (EV) sales in Europe with a plant in Türkiye.
The South Korean automaker’s new Izmit plant in Türkiye is expected to strengthen Hyundai’s production capacity while reducing its carbon footprint. The new plant will produce electric models alongside the internal combustion engine (ICE) cars it is currently building.
Production at Hyundai’s Izmit plant will support the company’s need to meet the European market’s demand for sustainable automobiles. The Izmit plant will likely boost EV production in Europe, along with Hyundai’s manufacturing plant in the Czech Republic. It will also get Hyundai one step closer to offering only zero-tailpipe emission vehicles in Europe by 2035.
Hyundai Motor Türkiye, formerly known as Hyundai Assan Otomotiv Sanayi, has been the company’s longest-serving overseas production hub outside of South Korea. It has produced over 3 million vehicles in more than 28 years. Hyundai’s overseas hub has built a network of over 50 local suppliers in Türkiye. Over 55% of the Izmit plant’s vehicle components are domestically manufactured.
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