Hyundai South Korea Build First Ev Battery Manufacturing Unit Georgia Us Plan Invest Usd 5.54 Billion Hyundai

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Hyundai to Build First EV and Battery Manufacturing Unit in Georgia in 2023, Plans to Invest $5.54 Billion

ByNews Polite May 21, 2022

South Korea’s Hyundai Motor Group said on Friday it plans to invest about $5.54 billion (roughly Rs. 43,110 crore) to build its first dedicated full electric vehicle (EV) and battery manufacturing facilities in the United States. Hyundai will break ground on its new facility in Georgia in early 2023 and is expected…

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