该公司表示，生产规模将从每年2万辆开始，然后逐步增加。South Korea's Hyundai Motor Company said on Tuesday that it plans to invest nearly $0.48 billion in Malaysia over five years from 2025 to increase production capacity in this Southeast Asian country.
Hyundai said it plans to cooperate with local partner Inokom to expand the fully disassembled (CKD) unit assembly plant that currently produces the older generation of Santa Fe SUVs.
The upgraded CKD plant will begin production of Hyundai's utility vehicles and Staria minivans in mid-2025. The company plans to expand its product lineup to include medium and large SUVs.
The company said the production scale will start at 0.02 million vehicles per year and then gradually increase.
Cars produced at this plant will be sold not only in Malaysia, but also in other Southeast Asian countries.
Hyundai Motor also said it will support the development of Malaysia's electric vehicle ecosystem, including expanding electric vehicle sales, building charging infrastructure, and establishing battery production facilities.
“We made this investment decision considering the growing importance of the Southeast Asian and Malaysian markets,” the company said. Our goal is to contribute to the region's economic and social development by creating jobs and nurturing local talent.”
