Hyundai may boost EV production after Tesla model 3 outsells Kona in Korea

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ericy

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According to the report, citing an "internal union newsletter," after Tesla had its best month in South Korea in June, Hyundai drafted plans to add two dedicated EV production lines. One production line will be ready next year, the other in 2024, according to the report.

Hyundai Motor Group boss Euisun Chang has also held a series of meetings since May with South Korean battery suppliers Samsung SDI, LG Chem, and SK Group, according to the report. In a statement to Reuters, Hyundai said it was working with battery suppliers to "scale up" EV production, but declined to comment on new production lines.​

https://www.reuters.com/article/us-...-to-electric-as-tesla-takes-off-idUSKCN24S2TE
 
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