Hyundai halts production of another luxury EV

URLhttps://electrek.co/2025/08/19/hyundai-halts-produ
Sourceelectrek
Date Published08/19/2025
Author Name Peter Johnson

Additional Reshoring Information:

Company/Division name Hyundai Motor Group
Parent companyHyundai 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) reshoredautomobiles
What non-domestic negative factors made offshoring less attractive?Tariffs
Find Reshoring Articles