US EditionHyundai vows to increase production 66% beyond original goal at new Savannah plant
- Hyundai celebrated the opening of a new $7.6 billion electric vehicle factory in Georgia and announced plans to increase production capacity by 66% to 500,000 vehicles per year.
- Euisun Chung, Hyundai Motor Group Executive Chairman, stated, "It shows Hyundai has come to Georgia to stay, to invest and to grow."
- Jose Munoz, CEO of Hyundai Motor Company, described the Georgia expansion as "like building a new plant."
- The Georgia expansion is part of Hyundai's $21 billion investment plan in the U.S. Over three years, with over $40 billion already committed to Georgia.
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Hyundai Motor Group Metaplant America Celebrates Grand Opening, Powering U.S. Economic Growth
Hyundai Motor Group Metaplant America, the key pillar of the Group's $12.6 billion investment in Georgia and the largest economic development project in the state's history, is now openVehicle assembly and battery plant will produce up to 500,000 electric and…
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Total News Sources84
Leaning Left9Leaning Right3Center31Last UpdatedBias Distribution72% Center
Bias Distribution
- 72% of the sources are Center
72% Center
L 21%
C 72%
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