Hyundai, Kia to invest $7.4 billion in U.S. to produce future EVs
Hyundai, Kia to invest $7.4 billion in U.S. to produce future EVs
Hyundai and Kia will invest in growing its EV manufacturing footprint to scale production and satisfy U.S. market demands.
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Hyundai will offer a suite of American-made electric vehicles to U.S. consumers starting next year.
HIGHLIGHTS
The South Korean carmakers will invest in growing its EV manufacturing footprint to scale production and satisfy U.S. market demands.
Hyundai will offer a suite of American-made electric vehicles to U.S. consumers starting next year.
Hyundai and Kia will monitor the market conditions and U.S. government EV policy to finalize its plan to enhance its U.S. production facilities and gradually expand its local EV production.