URL | https://electrek.co/2025/08/19/hyundai-halts-produ |
Source | electrek |
Date Published | 08/19/2025 |
Author Name | Peter Johnson |
Company/Division name | Hyundai Motor Group |
Parent company | Hyundai Motor Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2025 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 300 |
Country(ies) from which reshored: | Korea, South |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | automobiles |
What non-domestic negative factors made offshoring less attractive? | Tariffs |