Hyundai said on Tuesday it would strengthen its investment in the production of its upcoming IONIQ 3 electric vehicle with a new battery assembly facility.
The mass production of the IONIQ 3, which is expected to begin in August, will mark the South Korean carmaker's first EV production in Europe.
It will also make it the first foreign automaker to manufacture battery-powered cars in Türkiye.
The company has allocated 55 million euros ($63.81 million) of its total 715 million euro investment package to the battery plant, Hyundai Motor Türkiye said in a statement.
The facility will assemble battery packs using automated systems in cooperation with Hyundai Mobis.
