ANOTHER Big Hyundai Plant in The U.S.

 

A posting by the website www.Teslarati.com says another Hyundai plant will double the number Hyundai vehicles produced in the U.S.:

The new Hyundai facility, nicknamed “Metaplant,” is targeting production starting in 2025 with an annual capacity of 300,000 units. Together with Hyundai’s pre-existing production facility in Montgomery, Alabama, a facility that regularly produces over 300,000 vehicles annually, this new facility will double Hyundai’s current vehicle output in the U.S. The $5.5 billion Georgia production facility is part of Hyundai’s pledged $10 billion investment into the U.S. mobility market.

While such a significant investment into U.S. facilities is excellent news for many new workers at the new facility, the investment has been made under protest by the company and the South Korean government, who have called the new law “contradictory.”

The South Korean government has had a relationship with the United States since the Korean War. Still, this relationship has become troubled in recent months as the South Korean president has called President Biden’s IRA anti-competitive. Both leaders have discussed meeting on the subject and creating some allowance for the sizeable Korean manufacturer to establish itself in the U.S., but thus far, no such deal has been created.