Hyundai to Invest $2.7 Billion in Georgia Plant Expansion After ICE Raid

Reported about 7 hours ago

Hyundai Motor Group has confirmed a $2.7 billion investment to expand its Georgia facility, shortly after an immigration raid delayed the launch of its electric vehicle battery plant. The company plans to boost production capacity to 500,000 vehicles annually and introduce 10 models of electric and hybrid vehicles by 2030. Despite recent challenges, Hyundai emphasizes its commitment to long-term growth in the U.S. market, with significant future hiring and production goals.

Source: YAHOO

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