Hyundai to build $5.5B EV factory and battery plant in the US
US state of Georgia announced on Friday that South Korean automaker Hyundai will be setting up an EV and battery plant.
Source: techstory.in
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US state of Georgia announced on Friday that South Korean automaker Hyundai will be setting up an EV and battery plant.
Hyundai suppliers are expected to invest an additional $1 billion in the factory, which will have an annual capacity of 300,000 units
Hyundai to build $5.54 bil. electric vehicle, battery plant in Georgia
South Korean automaker Hyundai will build a $5.5 billion electric vehicle and battery plant in the southern US state of Georgia, its governor announced Friday, as President Joe Biden pursued his trip to Seoul.
Venture will create more than 8,000 jobs.