Sources: Hyundai to set $7B US plant during Biden Asia visit
US Hyundai Georgia FILE -- Gov. Georgia officials could announce a second massive electric vehicle plant to be built by Hyundai near Savannah in coming days. It would be the second huge electric vehicle plant announced in Georgia in less than a year. South Korean President Yoon Suk-yeol, who took office earlier this week, pledged during his campaign to strengthen U.S.-South Korea ties. It's unclear what models would be assembled at the new Georgia plant.
wftv.comSources: Hyundai to set $7B US plant during Biden Asia visit
Hyundai is finalizing those plans as President Joe Biden is set to travel to South Korea next week as part of his first visit to Asia during his presidency. It would be the second massive electric vehicle plant announced in Georgia in less than a year. South Korean President Yoon Suk-yeol, who took office earlier this week, pledged during his campaign to strengthen U.S.-South Korea ties. The South Korean automaker would add a third American assembly plant to the Hyundai factory in Montgomery, Alabama, and a Kia factory in West Point, Georgia. It's unclear what models would be assembled at the new Georgia plant.
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