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Hyundai Motor Group to invest $5.5 billion to build EV, battery facilities in US

Hyundai Motor Group to invest $5.5 billion to build EV, battery facilities in US

Sat, May 21, 2022

Hyundai will break ground on its new facility in Georgia in early 2023 and is expected to begin commercial production in the first half of 2025 with an annual capacity of 300,000 EV units, the company said in a statement.

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