URL | https://www.autoworldjournal.com/hyundai-expands-u |
Source | Auto World Journal |
Date Published | 03/21/2025 |
Company/Division name | Hyundai Motor Co |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2025 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | Korea, South |
City reshored to: | Savannah |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | EVs and hybrids |
What non-domestic negative factors made offshoring less attractive? | Tariffs |