Hyundai Motor resumes production of Ioniq 5sHyundai Motor said Wednesday it will resume the plant that produces the Ioniq 5 all-electric model on Thursday following a weeklong suspension due to chip shortages.
Hyundai Motor halted the No. 1 plant in Ulsan, which produces the Ioniq 5 and the Kona subcompact SUV, from April 7-14.
The suspension at the No. 1 Ulsan plant comes amid a lack of semiconductor parts used in the Kona's front vehicle camera system and a problem at the Hyundai Mobis production line, which rolls out the traction motor for the Ioniq 5.
The company expects production losses of 6,000 Konas and 6,500 Ioniq 5s due to the suspension.
On Wednesday, Hyundai resumed production at a plant that produces Sonata and Grandeur sedans, after halting it from Monday to Tuesday due to lack of powertrain control units.
Hyundai has seven domestic plants -- five in Ulsan, one in Asan and one in Jeonju -- and 10 overseas plants -- four in China and one each in the United States, the Czech Republic, Turkey, Russia, India and Brazil. Their combined capacity is 5.5 million vehicles.