SMM: a few days ago, it was reported that Hyundai Motor announced that it plans to start producing pure electric models at its new factory in Singapore from 2022. The first product made by the factory may be a compact crossover model named IONIQ 3.
Hyundai plans to produce 30000 pure electric models a year at its plant in Singapore, of which about 6000 will be sold in Singapore. The company had planned to start building a 28000-square-meter plant in Singapore in May 2020, but plans to build the plant were delayed until October because of the global novel coronavirus outbreak.
Not long ago, Hyundai officially launched its new electric car brand-IONIQ, also announced that the IONIQ brand will be based on a global modular platform called E-GMP, which will have fast charging capacity and sufficient mileage, and plans to launch three new electric models in addition to the IONIQ 3, the first of which will be launched in early 2021.
The Singapore government hopes to expand the public charging infrastructure from the current 1600 charging points to 28000 by 2030 and plans to introduce a series of subsidies from next year to support the introduction of electric vehicles. The government aims to replace all roads in Singapore with new energy vehicles from 2040.
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