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Hyundai Motor Turkiye starts production of IONIQ 3 at Izmit plant

On August 14, Hyundai Motor Turkiye (HMTR) started production of the all-electric Hyundai IONIQ 3 at its Izmit manufacturing plant in Turkiye. The production follows a EUR 250 million investment to enable EV manufacturing at the facility.
More than 50% of the Izmit facility has been modernized to accommodate producti....

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