Hyundai Motor Group recently shared plans to begin manufacturing its Genesis GV70 EV in the US beginning in 2022. The electrified GV70 will be produced at Hyundai’s Alabama plant, and will mark the first EV manufactured in the US by the Korean automotive umbrella. With this decision, Hyundai looks to make a larger impact on the growing EV market in the US, and take advantage proposed subsidies for electric vehicles produced on US soil."
South Korea’s Hyundai Motor Group is the global mobility umbrella above multiple marques that include Hyundai and Kia, as well as the new Ioniq brand of EVs.
Additionally, Hyundai’s luxury brand Genesis recently shared plans to go all-electric by 2030, ending new combustion models in 2025. Earlier this year, Hyundai Group shared several upcoming EVs during an investor presentation, which included an electrified version of Genesis’ current GV70 crossover.
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