Hyundai of South Korea plans to temporarily suspend production at Ulsan No.1 plant due to chip shortage between April 5 and April 13. The affected Ulsan factory produces 311,000 vehicles annually including the Kona Electric and Ioniq 5.

World Business Watch: Hyundai to suspend production in South Korea due to chip shortage

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World Business Watch: Hyundai to suspend production in South Korea due to chip shortage