Hyundai to halt local plant in Jan. for EV production

SEOUL-- Hyundai Motor Co. said Thursday it will suspend one of its seven domestic plants next month to prepare for the production of electric vehicles.

Hyundai Motor will halt the Asan plant from Jan. 3-28 to upgrade the facilities before beginning production of EVs next year, the company said in a regulatory filing.

The company plans to resume operations of the 300,000-unit-a-year Asan plant, which produces the Sonata sedan and the Santa Fe SUV, on Feb. 3.

Hyundai has seven domestic plants -- five in Ulsan, one in Asan and one in Jeonju -- and 10 overseas plants -- four in China and one each in the United States, the Czech Republic, Turkey, Russia, India and Brazil. Their combined capacity reaches 5.5 million vehicles.

From January to November, Hyundai sold a total of 123,982 EVs in global markets, including 39,145 EVs in South Korea.

Source: Yonhap News Agency