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Hyundai rushing to open Georgia plant because of law rewarding domestic electric vehicle production

Summary by Ground News
Hyundai signs a partnership with Georgia Tech aimed at strengthening research into hydrogen-fueled vehicles and producing workers. Hyundai has complained that the Inflation Reduction Act is unfair to companies importing electric batteries or vehicles from outside North America. The law provides a tax credit that saves EV buyers up to $7,500, but only on cars made in North America with domestic batteries.

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Bias Distribution

  • 86% of the sources are Center
86% Center
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Winnipeg Free Press broke the news in Winnipeg, Canada on Tuesday, September 19, 2023.
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