▲ Hyundai Motor Company's Indonesian plant (Hyundai Motor Group News screen capture)



Playing a key role in Indonesia's electric vehicle market
Expected to produce up to 250,000 cars annually

Hyundai Motor Company will build its first complete vehicle production plant in ASEAN in Indonesia and use it as a key base for its future mobility strategy.

Hyundai Motor Company held a completion ceremony at its Indonesian plant located in the Deltamas Industrial Complex in Bekasi City, Indonesia on the 16th (local time).

The event was attended by around 100 officials, including Indonesian President Joko Widodo and Hyundai Motor Group Chairman Chung Eui-sun.

The Indonesian plant, which will produce up to 250,000 cars per year, was built on a 777,000-square-meter site with an investment of $1.55 billion.

Equipped with engines, interiors, paint shops, presses, body processes, and a mobility innovation center, it will play a key role in the electric vehicle sector, which will be a key pillar of Indonesia's future industries.

After the completion ceremony, mass production of the Ioniq 5 began, and to target the ASEAN market with a population of over 600 million, the company began producing the local strategic model Creta in January, and plans to produce a newly developed compact MPV in the second half of the year.

The automobile market in the five major ASEAN countries, including Indonesia, is expected to reach approximately 3.58 million units by 2025.

hyeonWith the construction of this Indonesian factory, Daewoo has secured a forward base for exploring new markets in ASEAN.

Accordingly, Hyundai Motor Company is developing an innovative differentiation strategy to quickly establish a stable product development, production, and sales system.

We will strengthen customer-centered production and sales, including the "order production method" where products are manufactured upon consumer orders, and the first omni-channel system established in the local automobile industry to integrate online and offline sales.