IDRA GROUP has already installed a 9,000-ton class die casting machine at Hyundai's Ulsan plant in South Korea, and test production has commenced.
However, reports from April and May 2025 indicate that Hyundai is postponing the full-scale launch of its Hypercasting facility by approximately two years, pushing the timeline from 2026 to potentially 2028.
The delay is primarily attributed to a temporary slowdown in demand for electric vehicles and the imposition of a 25% tariff by the United States.
The original plan aimed for mass production to begin in 2026, with the new EV plant in Ulsan scheduled for completion in 2025.
This is a significant development for the Western manufacturing capacity race.
Will Hyundai fall behind as Chinese OEMs continue to scale Gigacasting aggressively?
π° Full article: industryarsenal.com
source : Luca Greco
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