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Hyundai Motor shuts down plant due to chip shortage; Kona, Ioniq 5 production halted

Hyundai Motor shuts down plant due to chip shortage; Kona, Ioniq 5 production halted Photo by: Hyundai/Facebook Related Stories Hyundai Motors revealed this week that it was forced to suspend the operations of its plant in South Korea. The automaker has been mulling on halting its local production since last month, and it appears that the company could no longer ignore the chip shortage. As per The Korea Herald, the temporary closing of Hyundai Motor’s production plant actually raised a warning not just for the company but for its subcontractors and workers too. This is because the suspension means there will be no work for a given period.

India: Ola Electric ropes in auto veteran Yongsung Kim as head of sales strategy

India: Ola Electric ropes in auto veteran Yongsung Kim as head of sales strategy Photo: Reuters April 7, 2021 Ola Electric an electric vehicle manufacturing startup on Tuesday announced the appointment of Yongsung Kim as the head of international and domestic sales strategy as the Bengaluru-based unicorn gears up to launch its electric two-wheelers. Kim was the head of sales and distribution departments of Kia Motors India subsidiary. “A 35-year veteran with Hyundai Motor and Kia, Yongsung brings global automotive sales experience from around the world, including North America, Europe, United Kingdom, Middle East, Africa, Asean, Asia Pacific and of course India where he spent several years, first with Hyundai Motor and then with Kia, to build their market-leading presence in India,” said Ola Electric in a statement.

Ola Electric ropes in 35-year auto veteran Yongsung Kim to head Global Sales & Distribution

Ola Electric ropes in 35-year auto veteran Yongsung Kim to head Global Sales & Distribution Kolkata, Apr 06 (UNI) Ola Electric today announced the appointment of Yongsung Kim as Head of Global Sales & Distribution, overseeing India and international markets. A 35-year veteran with Hyundai Motor and Kia, Yongsung brings global automotive sales experience from around the world, including North America, Europe, UK, Middle East, Africa, ASEAN, Asia Pacific and of course India where he spent several years, first with Hyundai Motor and then with Kia, to build their market-leading presence in India. Yongsung will lead both the domestic and international strategy for sales and go-to-market for Ola Electric as it gears up to launch its first electric scooter across India and multiple international markets including Europe and the UK, Latin America, Australia, New Zealand and Southeast Asia.

Ola Electric ropes in auto veteran Yongsung Kim - The Hindu BusinessLine

Ola Electric ropes in auto veteran Yongsung Kim - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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