The Genesis GV90, a “super-large” electrical SUV destined for the U.S., will probably be inbuilt South Korea beginning in 2026, Korean Automotive Weblog reported this week.
Genesis mum or dad Hyundai on Monday held a groundbreaking ceremony for a brand new EV-specific plant in Ulsan, South Korea. The automaker mentioned the plant will begin mass-producing autos in 2026, with a focused annual capability of 200,000 autos. The EV plant joins different services on the Ulsan web site, the place Hyundai has been producing automobiles since 1968.
A Hyundai press launch acknowledged {that a} Genesis electrical SUV would be the first mannequin assembled on the new plant. Korean Automotive Weblog experiences that mentioned SUV would be the GV90, citing feedback from the plant’s boss.
Rendering of Hyundai EV meeting plant in Ulsan, South Korea
The GV90, which has additionally been noticed by Korean Automotive Weblog in Dying Valley, will sit above the Genesis GV80 (which does not but have an electrical variant) in dimension and status. That additionally means it’s going to seemingly have a value effectively above the $80,000 federal EV tax credit score cap for SUVs, so assembling it in South Korea will not make a distinction in that regard.
Genesis’ present EV lineup consists of the GV60 SUV—based mostly on the E-GMP platform utilized by the Hyundai Ioniq 5 and Kia EV6, amongst others—and the Electrified GV70 SUV and Electrified G80 sedan, each electrical variants of gasoline autos.
U.S. manufacturing of Genesis Electrified GV70 in Alabama
Amongst EVs, up to now solely the Genesis Electrified GV70 is being assembled within the U.S. Autos produced in Alabama started deliveries earlier this 12 months. Hyundai has additionally mentioned that some Genesis (and Kia) EVs will probably be made alongside Hyundai-brand fashions at its Georgia “Metaplant.”
Hyundai earlier this 12 months stepped up EV manufacturing at that plant to fall 2024.
Along with bigger electrical SUVs, Genesis has hinted that it is fascinated about an electrical luxurious convertible, with its X Convertible Idea. The idea was first proven a few 12 months in the past, however there’s been no point out of manufacturing plans since.