Hyundai pledges $5.5B for new EV plant in US

Hyundai Ioniq 5, Ioniq 6, and Ioniq 7Hyundai Motor Group will invest over $5.5 billion on a new U.S. plant for electric vehicles, which the automaker is calling a Metaplant. The plant will be located in Bryan County, Georgia, and a groundbreaking ceremony was held at the site on Wednesday, with Georgia Governor Brian Kemp in attendance. Rivian also announced plans for an EV plant in...

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