{"id":21817,"date":"2022-05-09T12:04:04","date_gmt":"2022-05-09T16:04:04","guid":{"rendered":"http:\/\/autosector.com\/?p=21817"},"modified":"2022-05-09T12:04:04","modified_gmt":"2022-05-09T16:04:04","slug":"hyundai-georgia-ev-factory-build","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=21817","title":{"rendered":"Hyundai May Build New EV Plant In Georgia, Report Says"},"content":{"rendered":"

Hyundai has made no secret of the fact that it wants to build an electric vehicle manufacturing facility in the United States. It announced $7.4-billion in investments across the US by 2025, destined for both upgrading its existing factories, but also building the all-important new one that will only build EVs.<\/p>\n

The new plant will build both Hyundai- and Kia-badged EVs and back in May of 2013, when the manufacturer announced the expansion plan, it said production would start in 2022. Hyundai<\/a> has also not given up on hydrogen, and it wants to help popularize this type of powertrain in the US in the future – the new facility may also act as a hub for the automaker\u2019s hydrogen plans<\/a> for America.<\/p>\n

And now it looks like the location for the future plant has is close to being chosen – the state of Georgia, according to Automotive News<\/em>. They say the information comes directly from Hyundai COO Jose Mu\u00f1oz who declined to share more information, especially about which sites were being considered for the new factory.<\/p>\n

All Mu\u00f1oz said was<\/p>\n

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We are excited to announce a new EV plant plan in the United States soon, but we do not have details to share at this stage.<\/p>\n<\/blockquote>\n

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Full plans will apparently be revealed later this month, the announcement coinciding with President Joe Biden\u2019s visit to Seoul, South Korea; he is to meet the new president of the country, Yoon Suk-yeol, on May 21, and it sounds like a great opportunity to make it official.<\/p>\n

Choosing Georgia may also have something to do with<\/a> the fact that Hyundai\u2019s battery supplier, SK,<\/a> recently completed work on battery plants in the state, creating some 2,600 jobs (out of a planned 10,000 new jobs that will be created in the longer term) in Jackson County. This is part of a $2.6-billion investment in the state by SK<\/a>.<\/p>\n

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