Published 2 years ago

Biden Highlights Hyundai Announcement of $10B US Investment

Summary by Ground News

Hyundai's investment includes $5.5 billion for an electric vehicle and battery factory in Georgia. Biden: "Electric vehicles are good for our climate goals, but they're also good for jobs." Hyundai CEO Euisun Chung says company will spend another $5 billion on artificial intelligence for autonomous vehicles and other technologies.

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Times of India

Biden highlights Hyundai announcement of $10B US investment

The major U.S. investment by a South Korean company is a reflection of how the U.S. and South Korea are leveraging their longstanding military ties into a broader economic partnership. Biden said he was not concerned about any possible provocation by North Korea while he is touring the region. Biden's meeting on Sunday with Hyundai's chief comes after the president made an earlier stop at a computer chip plant run by Samsung, the Korean electroni

2 years ago·India

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The Independent

Biden tendng to business in SKorea visit with Hyundai exec

President Joe Biden is tending to both business and security interests as he wraps up a three-day visit to South Korea on Sunday

2 years ago·London, United Kingdom

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abc News

Biden pushes economic, security aims as he ends SKorea visit

President Joe Biden tended to both business and security interests as he wrapped up a three-day visit to South Korea on Sunday

2 years ago·United States

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Irish Independent

Joe Biden praises Hyundai’s US investment as Asia tour continues

President Joe Biden is tending to both business and security interests as he wraps up a three-day visit to South Korea on Sunday.

2 years ago·Ireland

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KRDO

Biden highlights Hyundai announcement of $10B US investment - KRDO

By JOSH BOAK and AAMER MADHANI Associated Press SEOUL, South Korea (AP) — President Joe Biden is tending to both business and security interests as he wraps up a three-day visit to South Korea on Sunday. Biden showcased Hyundai’s pledge to invest at least $10 billion in electric vehicles and related technologies in the United

2 years ago·Colorado Springs, United States

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KIFI

Biden highlights Hyundai announcement of $10B US investment - Local News 8

By JOSH BOAK and AAMER MADHANI Associated PressSEOUL, South Korea (AP) — President Joe Biden is tending to both business and security interests as he wraps up a three-day visit to South Korea on Sunday. He’ll showcase Hyundai’s pledge to build a $5.5 billion electric vehicle and battery factory in Georgia and pay a visit to U.S. and South Korean troops monitoring the rapidly evolving North Korean nuclear threat. The major U.S. investment by a So…

2 years ago·Idaho Falls, United States

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