The Korea Herald

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Hyundai Motor to halt Asan factory in Korea for EV factory construction

By Yonhap

Published : Nov. 27, 2023 - 20:50

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Hyundai Motor Group headquarters (Yonhap) Hyundai Motor Group headquarters (Yonhap)

Hyundai Motor plans to halt its factory in Asan, South Korea, to construct an electric vehicle plant in the period between Dec 31. 2023 to Feb. 13 2024, the South Korean automaker said in a regulatory filing on Monday.

Hyundai Motor said it plans to resume operations at the Asan factory on Feb. 14.