Hyundai Motor, LG Energy Solution to invest $4.3 billion in US battery plant
In October, Hyundai Motor Group began the construction of a 300,000-unit-a-year EV and battery plant in Georgia, aiming to begin commercial production in the first half of 2025.
Hyundai Motor began to produce the all-electric GV70 SUVs under its independent Genesis brand at the Alabama plant. (Image credit: Reuters)