Hyundai Motor Company, which has recently managed to attract attention with its investments in electric vehicles, has launched its facility in Jakarta, Indonesia, with an annual production capacity of 250,000 vehicles.

Hyundai Motor Company opened its first factory in Southeast Asia in Jakarta, Indonesia. The factory, a manufacturing center where the Indonesian government and Hyundai stepped together for southeast Asian markets, was formalized and opened with a special agreement.

It will produce 250,000 vehicles a year

Hyundai invested about $1.55 billion in this factory and announced its annual production capacity at 250,000 units. Adapting to Hyundai’s vision of “sustainable development” and “progress for humanity”, the factory will play an important role in meeting the needs of electric models in the automotive sector, as well as in the production of environmentally friendly technologies such as solar panels. Hyundai also fulfills its responsibility to protect the environment by using eco-friendly water-based paints in the vehicle painting process.

Indonesia is an important hub for Hyundai’s future mobility strategy. Euisun Chung, Chairman of hyundai Motor Group, said of the new factory;

“This facility will play a key role in the automotive industry, and especially in the field of electric vehicles. It will also continue to contribute to the establishment of an electric vehicle ecosystem in Indonesia through the battery cell facility currently under construction. It will further help Indonesia play an important role in global markets and will also be the main production center of Hyundai’s future technologies.”

Work is also under way to build a battery factory in Indonesia

The Indonesian Government wants to convert 130,000 public vehicles into electric models by 2030. Towards this goal, ev is leading the expansion of the ecosystem. Hyundai also has an important place in the sector to support social responsibility awareness. Apart from the electric Ioniq 5, Hyundai’s new factory will also produce models such as CRETA and MPV, which are important for the region. Hyundai also continues to work with LG Energy Solutions to build a battery factory in Indonesia.