The Genesis GV90, a “super-large” electrical SUV destined for the U.S., will probably be in-built South Korea beginning in 2026, Korean Automobile Weblog reported this week.
Genesis guardian Hyundai on Monday held a groundbreaking ceremony for a brand new EV-specific plant in Ulsan, South Korea. The automaker stated the plant will begin mass-producing automobiles in 2026, with a focused annual capability of 200,000 automobiles. The EV plant joins different amenities on the Ulsan web site, the place Hyundai has been producing automobiles since 1968.
A Hyundai press launch said {that a} Genesis electrical SUV would be the first mannequin assembled on the new plant. Korean Automobile Weblog stories that stated 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 Automobile Weblog in Demise Valley, will sit above the Genesis GV80 (which does not but have an electrical variant) in dimension and status. That additionally means it’ll doubtless have a worth nicely 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—primarily based 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 automobiles.
U.S. manufacturing of Genesis Electrified GV70 in Alabama
Amongst EVs, thus far solely the Genesis Electrified GV70 is being assembled within the U.S.; automobiles produced in Alabama started deliveries earlier this yr. Hyundai has additionally stated that some Genesis (and Kia) EVs will probably be made alongside Hyundai-brand fashions at its Georgia “Metaplant.” Hyundai earlier this yr stepped up EV manufacturing at that plant to fall 2024.
Along with bigger electrical SUVs, Genesis has hinted that it is eager about an electrical luxurious convertible, with its X Convertible Idea. The idea was first proven a few yr in the past, however there’s been no point out of manufacturing plans since.
