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ID: 54770370 Video

Headline: Hyundai Breaks Ground on New Car Factory in Saudi Arabia

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Hyundai has officially started building a new factory in Saudi Arabia that will produce around 50,000 cars every year. The plant is located in the King Salman Automotive Cluster, a growing car industry hub in King Abdullah Economic City, near Jeddah.

Keywords: Motoring,Hyundai,new factory,Saudi Arabia,car production,50,000 vehicles per year,King Salman Automotive Cluster,King Abdullah Economic City,Jeddah,gas-powered cars,electric vehicles,October 2026,parts from Korea,Public Investment Fund,Hyundai 30% ownership,$5 billion contribution,Jaehoon Chang,automotive industry development,136,000 vehicles sold,strong demand

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