Hyundai Motor Group plans to build a $5.5 billion electric car plant near Savannah, GA. The plant will have a production capacity of up to 300,000 vehicles per year in 2025.
The state of Georgia would provide Hyundai with tax breaks and other incentives in exchange for at least 8,100 jobs.
A new US plant may also help boost Hyundai’s EV sales. The Inflation Reduction Act, which U.S. President Biden is expected to sign into law the week of August 15, 2022, […]