Dabbie Davis   Feb 12, 2024   

Hyundai's $7.6 billion electric vehicle megaplant, set to open in October 2024 in Georgia, is ahead of schedule. Accelerating construction to qualify for the $7,500 EV tax credit, Hyundai aims to produce 300,000 electric vehicles annually. Collaborating with LG Energy for battery production starting January, Hyundai secures its position as the second-largest US EV seller, surpassing Ford and GM.