English Three Reasons Hyundai and Kia choose the Domestic Site for New Car Factory... the first time in 29 years.
[NewsSpace=JeongYoung Kim] Hyundai Motor Group has started building a new domestic car factory in Hwaseong, Gyeonggi Province, on the 11th of April, after a 29-year hiatus of not constructing any new plants in South Korea. The factory will be the first electric vehicle-only factory in the country and the world's first PBV(Purpose Built Vehicle) factory. PBVs refer to vehicles that are tailored to various business needs, such as delivery vans or mobile offices. They are receiving attention as vehicles that can respond to various demands in the era of electric cars. The company plans to inv