Hyundai and LG announce $4.3 billion plant in Georgia to build batteries for electric vehicles

Hyundai and LG announce $4.3 billion plant in Georgia to build batteries for electric vehicles

Hyundai Motor Group and LG Energy Solution announced Thursday they will build a $4.3 billion electric battery plant as part of Hyundai’s new electric vehicle assembly plant in southeast Georgia.

Hyundai and LG announce $4.3 billion plant in Georgia to build batteries for electric vehicles

ATLANTA (AP) — Hyundai Motor Group and LG Energy Solution announced Thursday they will build a $4.3 billion electric battery plant as part of Hyundai’s new electric vehicle assembly plant in …

Hyundai and LG announce $4.3 billion plant in Georgia to build batteries for electric vehicles

Hyundai Motor Group and LG Energy Solution announced Thursday they will build a $4.3 billion electric battery plant as part of Hyundai's new electric vehicle assembly plant in southeast Georgia.

Hyundai and LG announce $4.3 billion plant in Georgia to build batteries for electric vehicles - Georgia Asian Times

Atlanta, May 26, 2023 — Hyundai Motor Group and LG Energy Solution announced Thursday they will build a $4.3 billion electric battery plant as part of Hyundai’s new electric vehicle assembly plant in southeast Georgia. The companies will split the investment, starting production as soon as late 2025. Hyundai Motor Co. CEO Jaehoon Chang said in a statement that the battery plant would “create a strong foundation to lead the global EV transition,”…

LG and Hyundai are building a $4.3 billion EV battery cell factory in the US

Korean companies LG and Hyundai are teaming up to build a new EV battery cell manufacturing plant in the US and have signed a memorandum of understanding to invest $4.3 billion in the project..

Hyundai and LG will build a new $4.3 billion EV battery plant in Georgia

The companies will split the investment, starting production as soon as late 2025.