Hyundai to invest $12.6 billion in EV manufacturing, battery production in Georgia

URLhttps://www.morningstar.com/news/marketwatch/20230
Sourcemorningstar.com
Date Published09/19/2023

Additional Reshoring Information:

Company/Division name Hyundai Motor Co
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):8500
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):7590
Country(ies) from which reshored:Korea, South
City reshored to:Bryan County
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredEVs
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