Hyundai Motor to invest $1.55 billion in first Indonesia car plant | Reuters
Hyundai plans to make small sport utility vehicles (SUVs) and multi-purpose vehicles (MPVs), while electric vehicles (EVs) tailored to Southeast Asian market are under consideration.
The plant will cater to Indonesia, the regions largest automobile market, and other countries belonging to the Association of Southeast Asian Nations (ASEAN), it said.
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Hyundai plans to make small sport utility vehicles (SUVs) and multi-purpose vehicles (MPVs), while electric vehicles (EVs) tailored to Southeast Asian market are under consideration.
Quote:
The plant will cater to Indonesia, the regions largest automobile market, and other countries belonging to the Association of Southeast Asian Nations (ASEAN), it said.
