Hyundai Motor Company, in line with Biden's visit to Korea, to establish electric vehicle plant in Georgia
Hyundai Motor Group announced that it will invest 6.3 trillion won in the US state of Georgia to establish an electric vehicle production base, including a factory dedicated to electric vehicles and a battery cell plant. It is Hyundai Motor Group's first electric vehicle-only plant in the United States, and it was suddenly announced in time for US President Biden's visit to Korea.