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Hyundai kicks off IONIQ 3 EV production in Turkey

By Electrek · Summarized & edited by · 2026-08-14
Hyundai kicks off IONIQ 3 EV production in Turkey

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Why it matters: The IONIQ 3 is Hyundai's first dedicated European B-segment EV, entering a segment that makes up roughly 15% of European car sales at sub-€30,000 pricing — directly countering Chinese rivals like BYD gaining ground. With 30,000 units of initial annual capacity and B-segment EV penetration projected to hit 65% by 2035, it's Hyundai's high-volume play for Europe's mass-market electric transition.

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