Hyundai, LG announce $4.3 billion plant in Georgia to build batteries for electric vehicles
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The companies will split the investment, starting production as soon as late 2025.
Hyundai Motor Co. CEO Jaehoon Chang said in a statement that the battery plant would “create a strong foundation to lead the global EV transition,” explaining the company wants to speed up efforts to produce electrified Hyundai and Kia vehicles in North America.
The South Korean automaker said…
This story from 11alive.com was posted on 2023-05-29 by @ivyvine.