Old news, but I missed it: Hyundai. Link, December 29, 2021.
- to close its ICE development division
- also, has indefinitely suspended work on its Genesis hydrogen fuel cell vehicle.
Hyundai and sister company Kia, target: to see 1.7 million EVs worldwide in 2026.
And, oh by the way, the SUV of the year and here: the Hyundai Ioniq 5. 2023.
Hyundai -- Georgia, USA -- posted May 22, 2022. Link here.
- breaks ground on $5.5 billion EV plant, Ellabell, GA -- October 25, 2022;
Just five months after Hyundai announced the $5.5 billion manufacturing plant in Bryan County west of Savannah, vast areas of the site have already been cleared of trees.
The South Korean company plans to open the factory in 2025, with at least 8,100 employees producing up to 300,000 electric vehicles per year.
Georgia officials say it's the largest economic development project the state has ever seen.
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