Hyundai to export BEVs to Australia from Thailand

GlobalData

Wed, July 15, 2026 astatine 7:25 AM CDT 1 min read

South Korean automaker Hyundai Motor Group's Thai subsidiary, Hyundai Mobility Manufacturing (Thailand) Company, has announced that it plans to statesman exports of artillery electrical vehicles (BEVs) to Australia aboriginal this year. It is looking to grow the relation of its recently built accumulation facilities successful the state and summation capableness utilization.

Hyundai has invested THB 1 cardinal (US$ 30 million) to physique a BEV assembly works successful Thailand's Samut Prakan Province, successful collaboration with section declaration shaper Thonburi Group, on with a related artillery assembly facility. The works has an archetypal yearly accumulation capableness of 5,000 units and began assembling the Ioniq 5 earlier this year.

The institution said that 46% of the components utilized successful the accumulation of the Ioniq 5 are sourcing locally, successful word of wide cost, exceeding the minimum section contented of 40% nether the presumption of the Thai Board of Investment's EV3.5 inducement programme.

Hyundai is targeting 2,800 income of the Ioniq 5 exemplary successful Thailand this year, up from 2,300 models imported past year, helped by the company's plans to grow its income and work networks to 28 outlets nationwide.

Hyundai Mobility Thailand's managing director, Wallop Chalermvongsavej, told section reporters that his institution is presently studying suitable models that conscionable Australia's strict New Vehicle Efficiency Standard (NVES), which sets limits connected c dioxide emissions.

"Hyundai to export BEVs to Australia from Thailand" was primitively created and published by Just Auto, a GlobalData owned brand.