< Back to all clusters
[BUSINESS] · Türkiye, South Korea · 14 sources

started · updated

Hyundai begins IONIQ 3 electric vehicle production in Türkiye

Hyundai Motor Türkiye has officially commenced mass production of the fully electric IONIQ 3 at its İzmit plant in Kocaeli. This marks the first time an international automaker has produced a fully electric passenger vehicle in Türkiye.

The production launch follows a €250 million investment aimed at modernizing over half of the facility to accommodate electric vehicle manufacturing. The plant is expected to produce an initial 30,000 IONIQ 3 units annually. The vehicle, which features a range of up to 496 kilometers on certain battery configurations, is scheduled to go on sale in Türkiye and Europe in September 2026.

Turkish Industry and Technology Minister Mehmet Fatih Kacır noted that the investment, complemented by a battery-system assembly facility being developed by Hyundai Mobis, positions Türkiye as a significant hub for electric vehicle and battery technology. The İzmit factory, Hyundai’s longest-running overseas plant outside South Korea, has seen its total production capacity rise to 230,000 vehicles annually due to various investment incentives.

Entities

Hyundai Mobis · Hyundai Motor Turkey · Hyundai Motor Türkiye · IONIQ 3 · Izmit Factory · Kocaeli · Mehmet Fatih Kacır · İzmit

Claims

What the coverage asserts, and how many sources carry each claim.

  • [○ 1 SOURCE] This marks the first time a foreign manufacturer is producing a fully electric passenger car in Turkey. www.dunya.com
  • [○ 1 SOURCE] Turkey's industrial production has increased by 31 percent compared to the pre-pandemic period. www.haber1.com
  • [● 2 SOURCES] Turkey is a leading exporter in the region between China and Central Europe regarding product and market diversity. www.cnbce.com · www.haber1.com
  • [○ 1 SOURCE] Hyundai Motor Turkey's total production capacity has increased to 230,000 units per year. www.dunya.com
  • [● 3 SOURCES] Mass production of the Hyundai IONIQ 3 electric model has begun in Kocaeli, Turkey. www.cnbce.com · www.haber1.com · www.dunya.com
  • [○ 1 SOURCE] The IONIQ 3 investment involves 250 million euros to produce 30,000 units annually in the first stage. www.dunya.com

Sources