After 10 Years in Brazil, Hyundai Starts Manufacturing Engines in Piracicaba

Written by Valdemar Medeiros

Published on 23/09/2022 at 10:48

Foto: Hyundai/Divulgação

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The inauguration of the new Hyundai engine plant was held at the event to celebrate the 10th anniversary of the multinational in the country.

The South Korean automobile multinational Hyundai Motor Company announced that it has begun operations at the engine factory in Piracicaba, São Paulo. The new Hyundai factory will be located within the same complex where the multinational manufactures the Creta and HB20 models. The Hyundai engine plant received an investment of R$ 500 million and has the capacity to produce at least 70,000 engines per year.

Learn More About the New Hyundai Engine Plant

According to data provided by the South Korean multinational, about 256 employees are working on the construction of the new Hyundai engine plant, which is the first engine factory of the multinational in Latin America and the 13th in the world.

According to Hyundai, the new facility in Piracicaba features a high level of automation and will be responsible for supplying engines for the HB20 lineup.

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Hyundai Motor Company Celebrates 10 Years in Brazilian Soil

YouTube video — *Promotional Video of the Brand – Reproduction/Youtube*

The engine plant was inaugurated at the event celebrating the 10th anniversary of the opening of Hyundai’s first factory in Brazil, also in Piracicaba, São Paulo, which opened on September 20, 2011.

Since then, the South Korean multinational has manufactured around 1.7 million cars at the first factory in Piracicaba, including various versions of the HB20 and the Creta SUV. Since 2013, Hyundai’s industrial complex has operated 24/7, with employees divided into 3 shifts.

The pioneering unit in Piracicaba has the capacity to produce about 210,000 cars per year, maintaining a relatively stable dynamic, even amid the current market volatility that has prevailed for nearly a decade.

The Choice of Brazil

According to Euisun Chung, global executive chair of the Hyundai Motor Company, choosing Brazil was very challenging for the multinational, as the country is quite far from the company’s headquarters, and it has a vast area, a large population, and a wide variety of natural resources, in addition to the high potential Brazil has in the automotive market.

Chung also emphasized that, even after a decade, he can still witness the successful business expansion of Hyundai Motor both in Brazil and throughout Central and South America. During his video participation at the event celebrating 10 years of Hyundai Motor in the country, Euisun Chung highlighted that Brazil plays a key role in the sustainable development of the South Korean multinational.

About Hyundai Motor Brasil

Hyundai Motor Company was founded on December 29, 1967, by Chung Ju-Yung, in South Korea. Hyundai has 10 factories worldwide, with 7 located outside its home country.

In Brazil, the factory is located in Piracicaba, São Paulo, where it is responsible for producing the HB20 models, which are assembled only here, and the Creta SUV. The Hyundai factory in Brazil operates in 3 shifts, capable of producing around 44 cars per hour.

After 10 Years in Brazil, Hyundai Starts Manufacturing Engines in Piracicaba

The inauguration of the new Hyundai engine plant was held at the event to celebrate the 10th anniversary of the multinational in the country.

Learn More About the New Hyundai Engine Plant

Hyundai Motor Company Celebrates 10 Years in Brazilian Soil

The Choice of Brazil

About Hyundai Motor Brasil

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After 10 Years in Brazil, Hyundai Starts Manufacturing Engines in Piracicaba

The inauguration of the new Hyundai engine plant was held at the event to celebrate the 10th anniversary of the multinational in the country.

Learn More About the New Hyundai Engine Plant

Hyundai Motor Company Celebrates 10 Years in Brazilian Soil

The Choice of Brazil

About Hyundai Motor Brasil

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A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

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