Hyundai boosting Kona Electric supply in Europe through Czech plant

PRAGUE (Reuters) – Hyundai Motor Co (KS:) will introduce its Kona Electric model at its factory in the Czech Republic from March as it looks to triple availability to European customers this year, the company said on Thursday.

The company said it would also increase supply from its Ulsan plan in South Korea.

“This will drastically reduce delivery times for customers in Europe,” it said in a statement.

It said it aimed to provide more than 80,000 zero-emission vehicles to European customers in 2020, including the Kona Electric, IONIQ Electric and NEXO fuel cell car.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.