[ad_1]
The automotive industry Maghreb is experiencing significant expansion, particularly driven by the rise of the electric vehicle industry. Europe Transforming the region into a strategic crossroads for automotive production Maghreb The South Korean manufacturer recently announced an ambitious move that is increasingly attractive to international investors. modern.
modern Expressed the intention to build a factory in China Algeria The industrial park is expected to produce three passenger car models, two commercial vehicle models and launch an electric vehicle. The announcement came after a meeting between the two sides Ari Aounthe Minister of Industry and Pharmaceutical Production, Hyundai Motor Company and senior officials from Oman Trading Company.
During this meeting, Tariq Mosabresponsible for Hyundai Motor middle East and‘North Africaintroduced the details of the project, emphasizing modern Fully integrated into the Algerian Government’s industrial policy, which aims to revitalize national industries and base investments on a significant degree of local integration.
The project includes innovations such as the integration of a body production line and a dedicated line for the painting process, thus ensuring production meets the highest standards. Orne Persistence Needs modern Swift completion of administrative procedures, in particular registration of the website on the Algerian Investment Promotion Agency digital platform, in order to accelerate the realization of the project.
This new development comes against the backdrop of other manufacturers preferring Fiat, Chery, JAC, Renault Hyundai Motor is thus joining a wider movement to make the Maghreb an important new hub for the global automotive industry, particularly for clean and innovative vehicles.
[ad_2]
Source link
