At Facility No. 1 of the Ulsan plant in South Korea, Hyundai makes the Ioniq 5. The business has stated aspirations to locally produce EVs in the United States, but it has not specified if the Ioniq 5 will be included in these plans.
The Hyundai Ioniq 5 was the third best-selling electric SUV in the United States in the first half of 2022, with 13,692 units sold there. The company shipped 1,978 Ioniq 5 devices to the nation in July 2022. Sales decreased to 1,516 units in August 2022, and deliveries for the year as a whole were 17,186 units.
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Plans for a new electric car manufacturing in the US have been confirmed by Hyundai.
Hyundai confirms plans for a new electric car manufacturing in the US, albeit it isn’t yet known where, amid reports of one opening in Georgia.
The Genesis GV70 EV is the first electric vehicle that the Korean automaker is producing in the US at its factory in Alabama.
However, Hyundai also disclosed $7.4 billion in electrification-focused investments in the US, and a new EV manufacturing for the company was anticipated to be located there.
There have recently been allegations that Hyundai has been in contact with state governments to propose incentive programs for the construction of a new EV facility. One of the states discussed was Georgia, home to existing Hyundai and Kia factories.
Despite the claims, a Hyundai representative stated that the firm is preparing to open a new EV manufacturing in the US but has not yet released any information:
Although we have no information to give at this time, we are eager to shortly announce a new EV plant proposal for the United States.
According to the article, Hyundai and Georgian officials have held preliminary conversations over “a dedicated EV facility.”
Hyundai’s Ioniq 5 represents a significant advancement in electrification, yet it is exclusively made in Korea and Indonesia.
The car has a sizable market in the US, so it makes sense for the automaker to manufacture it here. In some parts of North America, the Ioniq 5 has already been completely sold out for up to a year. Hyundai is also releasing a number of additional Ioniq electric vehicles, and those could possibly make use of some US manufacturing capacity.
Naturally, Hyundai also collaborates with Kia, which will debut its own line of electric vehicles beginning with the Kia EV6 on the same platform.
Hyundai’s new factory in Georgia will produce the Ioniq 5, 6, 7, and batteries.
According to reports, the opening of Hyundai’s new electric vehicle manufacturing facility in Georgia will coincide with Joe Biden’s visit to South Korea. Contrary to popular belief, only the Republican governor and Hyundai’s top executives attended the ceremony to announce the $5.54 billion investment that will enable Bryan County to produce the Ioniq 5, 6, and 7 as well as batteries.
It’s only a coincidence that the county and Brian P. Kemp virtually share the same name. On the other hand, the Ioniq 6 and Ioniq 7 are plainly visible in the profiles displayed in the ceremony’s teaser photograph. Although it appears to be a longer car, the Ioniq 5 also appears to be present. It can belong to a later generation.
Given that the factory won’t start producing until 2025, we’d wager on that. The Ioniq 5 will have been in development for four years at that point, coming very near to the maximum allowed for most cars of six years. Up until the new version, which is expected to debut in 2027, the present one may still be imported from South Korea.
It seems expected that Hyundai will concentrate on the Ioniq 7, a significantly larger SUV, for the American market. The Ioniq 6, which will compete with the Tesla Model 3 and other similarly sized sedans, would be the local cheap choice. We might also see different vehicles among the 300,000 units the facility will be able to produce when it is operating at full capacity, given how far away the start of production is.
The new facility is Georgia’s second announcement in recent months. Rivian also said that on December 16, 2021, a vehicle plant would be built in the state. Residents in the location the EV business chose have so far been vehemently opposed, claiming the facility will damage the area’s groundwater reserves and have other negative effects on the ecosystem.
Hyundai might experience the same issues, although that is less likely. After all, the company already operates a factory there—the Kia facility in West Point, Georgia. Construction should start in early 2023 if everything goes according to plan. It’s interesting to note that the Hyundai plants are anticipated to employ 8,100 workers once they reach their maximum capacity.
Rivian said that 7,500 workers could produce 400,000 electric vehicles. With 600 additional workers, the Korean firm will produce 100,000 fewer automobiles. The battery factories that both of these corporations will have in Georgia could be a factor. When the time comes, they will have to elaborate for us.
Hyundai will build the IONIQ 5 in a factory in Indonesia.
Hyundai Motor Co. of South Korea announced on Wednesday that its first production facility in Southeast Asia will make the all-electric IONIQ 5 model.
In December, Hyundai Motor finished construction of the 150,000 unit per year plant in the Deltamas industrial complex close to Cikarang, 40 kilometers east of Jakarta.
The smaller Creta SUV, a critical model for the area, is already being produced at the Indonesian facility. The Santa Fe SUV is anticipated to start production in the first half of the year, followed by a small multi-purpose vehicle in the second half.
According to a statement from Hyundai, the majority of the vehicles that will be built at the facility will be sold in Indonesia and exported to markets in the Association of Southeast Asian Nations.
According to a statement from Hyundai, the company intends to invest 1.92 trillion won ($1.55 billion) on the facility to boost its capacity to 250,000 units per year.
A timeline for the investment and capacity increase was not given by the corporation.
According to the statement, the manufacturer of the Sonata sedan and Santa Fe SUV would assist the Indonesian government in its efforts to convert 130,000 public vehicles to electric ones by 2030.
Indonesian President Joko Widodo spoke at the plant’s opening ceremony in Cikarang, saying, “I hope that this IONIQ 5 from Hyundai will become an important milestone in the development of Indonesia’s electric vehicle ecosystem, and further accelerate the electric car ecosystem that is more advanced.”
Chairman of the Hyundai Motor Group Euisun Chung stated that Indonesia is a crucial hub for Hyundai’s future mobility strategy and that the facility will be important for the local auto sector, particularly in the area of EVs.
Additionally, Chung added, “Hyundai will continue to make a contribution to the development of the EV ecosystem in Indonesia through synergies with the battery facility we are currently establishing.
In addition, Hyundai announced it is collaborating with LG Energy Solution Ltd., the top auto battery manufacturer in South Korea, to construct a battery cell plant in Karawang, Indonesia. The factory is slated to begin producing battery cells in 2024.
Images: Review of the 2022 Hyundai Ioniq 5
According to Hyundai Motor Group Executive Chair Euisun Chung, “The US has always maintained a significant place in the Group’s global strategy, and we are thrilled to cooperate with the State of Georgia to realize our shared objective of electrified mobility and sustainability in the US.”
Hyundai will invest about $5.54 billion to build its planned EV and battery manufacturing facilities on a 2,923-acre property in Bryan County. This is a part of Hyundai’s earlier declaration that it would spend $7.4 billion by 2025 to support the development of future mobility in the US, including the manufacturing of EVs and the provision of intelligent mobility solutions.
Construction will begin in early 2023, and the company plans to begin commercial production in the first half of 2025. The EV factory’s anticipated yearly capacity is 300,000 units. On the other side, a strategic alliance will be used to create the battery production facility; specifics will be revealed later.
According to Hyundai, the facilities are designed to build a variety of fully electric automobiles for American consumers. On the other side, the battery plant hopes to create a reliable supply chain and a strong EV ecosystem in the US.
Describe the Ioniq 5.
The Hyundai electric SUV is called the Ioniq 5. It was constructed in collaboration with Kia, and I think it looks really great. Its distinctive exterior style encourages exploration. Additionally, it comes in three different trim levels. The 2022 Ioniq 5 has the following trims:
- SE
- SEL
- Limited
The top-tier Ioniq 5 trim is the Limited trim. It has a number of features and costs $51,100 in the beginning. These include a heads-up display and a transparent roof. Additionally, it has active safety measures like blind-spot monitoring that ought to increase driver confidence.
Who makes the battery for the Hyundai Ioniq 5?
The battery system of the Hyundai Ioniq 5 is still being disassembled at the BASTRO Power Station in South Korea. Now that the 72.6 kWh pack has been opened for around two weeks, it is time to inspect a specific module.
A module holds around 2.4 kWh of energy and is made up of 12 pouch cells. As far as we know, the modules and pack are made by Hyundai Motor Group’s subsidiary Hyundai Mobis, while the cells are produced by SK Innovation’s SK On (presumably using high-nickel NCM chemistry).
The cells are arranged in six pairs, each pair having a plate to transport heat to the cooling plate at the bottom.
The second video claims that the Hyundai Ioniq 5’s battery is “easy to repair,” which we interpret to suggest that in the event of a breakdown, it would be simple to replace modules and other elements.
Why is Hyundai getting rid of the Ioniq?
Hyundai claimed in a statement today that the models were “discontinued due to a significantly electrified lineup,” pointing to the large selection of hybrid, plug-in hybrid, and electric vehicles on the market. Most recently, the Hyundai IONIQ 5 offers a long range and, for those who qualify, a full federal tax credit.