The British electronics company Dyson announced two years ago that it would be building its first electric car manufacturing plant in Singapore, with completion scheduled for 2020.
However, Dyson said last year it is scrapping the S $ 4.3 billion electric car project and closing its electric car facilities in both the UK and Singapore.
That void left by Dyson is now being filled by Hyundai Motor. The South Korean automaker will build an electric vehicle production facility on Bulim Avenue in Jurong, which is scheduled to go into operation by 2022.
The “Smart Manufacturing” plant will be housed in a 28,000 m² Hyundai Mobility Global Innovation Center, where, among other things, research and development as well as training processes are carried out.
The facility will also conduct artificial intelligence research, investment activities and testing of new mobility services.
Hyundai is made in S & # 39; pore
Hyundai's presence in Singapore is groundbreaking. It is the first time that Hyundai has chosen a country without an automotive industry.
This move also means that Hyundai will soon be manufactured in Singapore.
According to sources, Hyundai's first EV project will be an electric compact switch, which is supposedly called Ioniq 3.
Teo Hock Seng, CEO of Hyundai distributor Komoco Motors, told The Straits Times that 30,000 electric cars are produced in Singapore. Of these, 5,000 to 6,000 units are sold on the local market.
This upcoming establishment will not only create employment opportunities for Singapore, it will also benefit neighboring industries that are already well established here.
A Hyundai Motor spokesman said the facility will create "hundreds of jobs."
This move by Hyundai is in line with the government's push towards electric vehicles. Singapore has expressed its ambition to phase out petrol or internal combustion (ICE) vehicles by 2040.
To rise to a nationwide electric mobility ecosystem, Singapore has also pushed shared electric scooters, electric taxis and even driverless electric buses.
More recently, Tesla has become widespread for its hiring rounds in Singapore, sparking rumors of a possible entry here.
With Tesla's presence in Singapore, electric car adoption could definitely see a surge.
While electric vehicles will be a mainstay here, the government must first address concerns such as the lack of charging infrastructure for electric vehicles and the high operating costs for Singaporeans in order to accept the idea of electric car adoption.
Selected image source: Hyundai Motor