The automotive sector, which accounts for a significant proportion of CO2 emissions with the rapidly increasing effects of climate change, is trying to move towards a more sustainable future. Many companies from all over the world will establish factories and completely expand their fleet in the coming years. to electric cars announces their plans to spend
In recent days, we have shared with you that Subaru has filed a move on this matter and that the giant company has announced when it will open its first electric car factory. Now the South Korea-based auto giant, which stepped into the NFT world a few weeks ago. from Hyundai There has been a big movement in the electric car industry.
Hyundai to build $5.5 billion electric car factory in the US

According to reports, Hyundai Motor Group is the first in the US. factory for electric vehicles and batteries signed an agreement to build. The statements made stated that the factory will be located in the state of Georgia. By the way, the facility It will be worth $5.5 billion and will provide employment for 8,000 people. Recognition was also one of the declarations received.
State Governor Brian Kemp stated that they are pleased to welcome Hyundai to Georgia to build an innovative future and that the facility will be one of the largest economic development projects in the history of the state. In addition, in the statements of the company’s managers, construction of the facility will begin in January 2023, in the first half of 2025 It was said that the completion of the plant is planned. In addition, the annual 300,000 vehicle capacity Incoming statements also stated that the company will hold a $1 billion investment and is expected to receive an additional $1 billion investment.
Global fleet in the next seven years 27% conversion to electric cars With this move, Hyundai aims to become the leader in the electric vehicle market in the US, where Tesla is dominant. It is also said to aim at creating a stable supply chain for battery-manufactured electric vehicle components. Finally, the giant company recently launched for electric vehicles. It will invest $16.5 billion in South Korea by 2030. Let’s add what you said.