Monday, December 5, 2022

Hyundai is building an electric car factory in the USA

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Construction work is scheduled to begin in January 2023, and the first cars will roll off the assembly line in the first half of 2025. The planned investments would create more than 8,000 jobs, it said.

Hyundai’s announcement coincided with US President Joe Biden’s state visit to South Korea from Friday to Sunday. With additional production capacity for electric vehicles and batteries, the group aims to become one of the top three suppliers of battery-powered electric vehicles in the USA by 2026.

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