Hyundai starts local assembly of Ioniq 6 EV in Singapore

Quick Summary:

SINGAPORE - Hyundai Motor Company kicked off final assembly of its Ioniq 6 electric sedan in Singapore on Friday, reaffirming a commitment to the factory that could one day churn out as many as 30,000 cars a year.

The plant also reflects Singapore's ambition to bolster its manufacturing sector by utilising robotics and new production methods.

Vehicle prices in Singapore include a so-called certificate of entitlement (COE), which is a permit to own and use a vehicle.

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Article Details

Category: EconomyBusiness

Markets: ThailandIndonesiaSouth KoreaSingaporeUnited States

Topics: Assembly Ioniq United World Vehicle Hyundai Year Singapore 2023 Show York

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 13:26:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 379 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21682003

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 13 posts per day

Year Established: 1946

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News Last Updated: 10 hours ago

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Publisher ID: #66

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