According to Steven Kiefer, head of General Motors international operations, the company will launch 10 EVs in South Korea by 2025.
However, it is unclear where the vehicles will be produced. GM currently has no plans to manufacture EVs in South Korea.
Ford warned last year that persistent industrial action in South Korea would prevent investment within the South Korean market. So, the lack of a production facility for EVs is not surprising.
Currently, GM builds EVs in the United States and China. They plan to also build EVs in Mexico and Canada in the next few years.
South Korean plants for GM build around 600,000 vehicles per year. The factories ship many of its cars to the United States, including the Chevrolet Trailblazer SUV.
Korean labour unions and GM discussed the situation around industrial action in South Korea back in June. However, there seems to be no immediate movement by GM on investing on re-tooling a South Korean plant.
Although concerns and uncertainties with South Korean plants continue, GM is pushing forward with their partnership with South Korean-based LG Energy Solution.
The two companies are building two battery cell manufacturing plants with a combined capacity of 70 gw hours in the United States.
The two cell manufacturing plants will produce power for about 1 million EVs per year.
Source: Reuters
