Hyundai withdraws from production of Kona EV

Hyundai withdraws from production of Kona EV

FineAuto

Hyundai Motor Company has ceased production of the Kona EV for the domestic market (South Korea).

South Korean carmaker Hyundai Motor Company announced the termination of production of the Hyundai Kona EV electric car. The official reason for the discontinuation stems from a new battery supply plan following the launch of exclusive electric vehicles such as the Hyundai IONIQ 5.

“As we prioritized supplying batteries for exclusive electric vehicles such as the Ionic 5, we decided to discontinue internal production of the Kona EV. The Kona EV will probably be upgraded in 2023, ”a Hyundai Motor spokesman said.

However, since it is still popular in Europe and India, Hyundai has decided to keep its overseas sales. The European model is produced at Hyundai’s plant in the Czech Republic, which is a local plant in Europe, and in India, at a plant in Chennai.

The Kona EV, released in May 2018, was sold at 33,830 units in Korea and 101,574 units overseas until last month. Meanwhile, on the 19th, Hyundai Motor Company launched the exclusive IONIQ 5 electric vehicle. The IONIQ 5 is the first electric vehicle built on the Hyundai Motor Group’s Global Electric-Global (E-GMP) modular platform.

However, it is possible that the reason for the end of production is related to the fires of the Hyundai Kona EV. The first incident occurred in 2019 and the incident immediately affected the popularity of the model.

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