Hyundai Eyes Second North American EV Assembly Plant
The Hyundai Motor Group is already eyeing its second North American EV assembly while its first is still under construction in Bryan County, Georgia. According to Hyundai Auto Canada’s CEO, Don Romano, “Canada’s going to be part of that conversation.” Hyundai initially revealed…
US Opens Safety Probe Into Hyundai Ioniq 5 EVs Over Power Loss Reports
U.S. auto safety regulators are investigating nearly 40,000 Hyundai Ioniq 5 electric vehicles over reports of power loss while driving tied to a battery charging issue. The National Highway Traffic Safety Administration’s preliminary investigation covers 2022 model-year vehicles after it…
SK Set To Produce Faster EV Chargers Than Tesla In US
South Korea’s SK Signet Inc. is poised to produce electric vehicle chargers with the fastest charging speed in the US, targeting the ultra-fast charger market dominated by Tesla Inc. The SK Group unit on Monday completed construction on its state-of-the-art manufacturing plant for EV…
Hyundai CEO Reveals US EV Leases Are Climbing As Buyers Take Avantage Of IRA Tax Credit
Hyundai has been on a roll in the US as the automaker embraces the industry’s transition to electric vehicles. The automaker says EV leases are climbing as buyers take advantage of the tax credit provided by the Inflation Reduction Act (IRA). …
Hyundai, LG Announce $4.3 Billion Plant In Georgia For Electric Vehicle Batteries
Hyundai Motor Group and LG Energy Solution announced Thursday they will build a $4.3 billion electric battery plant as part of Hyundai’s new electric vehicle assembly plant in southeast Georgia. The companies will split the investment, starting production as soon as late…
