Industry sources have stated that later this month, in the southwestern city of Gwangju, South Korea, full-fledged manufacturing of Hyundai’s all-electric compact SUVs, Casper Electric, would get off. By the end of the year, 21,400 units are expected to be produced.
In international markets, the EV will be marketed under the name Inster. This summer, it will debut in South Korea, then Europe, the Middle East, and Asia Pacific.
The namesake city of Gwangju, which is about 270 kilometers southwest of Seoul, is home to GGM. GGM is a Hyundai Motor contract manufacturer. The company just announced that it will start full-scale production of the Hyundai’s all-electric SUVs on July 15.
Also Read: India Ranked Among Top Three Most Optimistic Nations In Global Survey
By December, GGM plans to have produced 21,400 units, up 23% from its original target of 17,400 units. According to the Yonhap news agency, the plant started producing Casper Electric on a trial basis in February and has since produced about 300 units.
Casper Electric, which debuted at the “2024 Busan International Motor Show” last month, is the electric variant of the 2021-introduced Casper, but it has a number of updated enhancements.
With a nickel-cobalt-manganese battery that holds 49 kWh, Casper Electric can travel up to 315 kilometers between charges. In just thirty minutes, it can be charged from 10% to 80%.
Five Maoists were killed in two separate encounters with security forces in Chhattisgarh’s Bijapur district,…
Canadian Prime Minister Mark Carney said the most populous country, with the fifth-largest economy, must…
The Reserve Bank of India (RBI) has frontloaded its rate cuts to support economic growth,…
PM Narendra Modi on Saturday called for urgent global action to build infrastructure that can…
CJI BR Gavai during the academic forum at the School of Oriental and African Studies…
External Affairs Minister S Jaishankar on Saturday met UK Foreign Secretary David Lammy and appreciated…