Commenting on the newly announced South Korea facility, Chung revealedthat the new factory is imperative to the company’s continued growth. “Sales of internal-combustion-engine vehicles are scheduled to be banned in certain markets so the new EV factory is vital to Hyundai Motor’s survival.”
The automaker is putting its entire weight behind the electric revolution. Even the high-performance N subsidiary is readying itself for battery power, with Hyundai recently treating us to a teaser of future sports models. We already knew an Ioniq 5 N was in the cards, but the company surprised us with images of what appeared to be a hotted-up Ioniq 6. It shouldn’t be too long now, as a reveal is planned for tomorrow, July 14.
