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Hyundai Motor Group to build $5.54B EV plant and battery factory in Georgia

Green Car Congress

Hyundai Motor Group (HMG) entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the US. The Group plans to produce wide range of full electric vehicles for US customers at the new Georgia EV plant.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

Hyundai’s first dedicated EV factory, the Hyundai Motor Group Metaplant America (HMGMA) in Georgia, is under construction with a targeted start-up date in the second half of 2024, with an annual production capacity of 300,000 vehicles to meet the demand for EVs in North America.

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The Aftershocks of the EV Transition Could Be Ugly

Cars That Think

The introduction of any new system causes perturbations within the current operating environment, which in turn, create behavioral responses, some predictable, many not. content requirements to qualify for EV purchasing subsidies. which would also help them meet the Administration’s new U.S.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. For instance, an in-depth study by Princeton University’s Andlinger Center for Energy and the Environment assessed different U.S. One million.”. Neither does the U.S. could decrease anywhere from 131,000 to 210,000 positions.

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