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hyundai
Business, Technology, Fuel, TCA

Hyundai, Georgia Tech to Research Hydrogen Power for Trucks

Hyundai Xcient

Hyundai Motor Group signed an agreement with Georgia Tech on Sept. 19 to collaborate on research and development of hydrogen-fueled engines for large trucks and electric vehicle batteries.

Zachary Hansen | The Atlanta Journal-Constitution
September 20, 2023
Government, Business, Equipment

Hyundai Could Get $2.1 Billion in Aid to Make EVs in Georgia

Hyundai sign Georgia

SAVANNAH, Ga. — State and local governments are on track to give $2.1 billion in tax breaks to Hyundai Motor Group after it said it will invest an additional $2 billion to build an EV complex.

Jeff Amy and Russ Bynum | Associated Press
September 13, 2023
Business, Technology

Hyundai, LG Invest $2 Billion More Into Georgia Battery Plant

Hyundai logo at a dealership

Hyundai Motor Group and LG Energy Solution say they will spend an additional $2 billion and hire an extra 400 workers to make batteries at the automaker’s Georgia EV plant under construction.

Russ Bynum and Jeff Amy | Associated Press
September 1, 2023
Business, Equipment

Hyundai Translead CEO Sees Trailer Market Remaining Softer

Sean Kenney

The new leader of Hyundai Translead said that while the trailer market was softer through the first half of this year compared with year-ago levels, he sees pockets of strength heading into 2024.

Keiron Greenhalgh | Staff Reporter
July 13, 2023
Government, Business, Technology, Fuel, TCA

Trump Hints He Would Pull Plug on EV Tax Credits, Incentives

Donald Trump speaking at the Georgia Republican Convention

While Georgia sits at the center of a surge in electric vehicle manufacturing, former President Donald Trump took aim at the state’s fastest-growing industry in a speech there.

Zachary Hansen and Drew Kann | The Atlanta Journal-Constitution
June 13, 2023
Government, Business, Technology

Hyundai, LG to Build EV Battery Plant in Georgia

Chung Eui-sun, Gov. Brian Kemp

ATLANTA — Hyundai Motor Group and LG Energy Solution announced May 25 they will build a $4.3 billion electric battery plant as part of Hyundai’s new EV assembly plant in southeast Georgia.

Jeff Amy | Associated Press
May 26, 2023
Business, Technology, Equipment

Hyundai Brings Xcient Hydrogen Fuel Cell Truck to US

Hyundai Xcient on show floor

ANAHEIM, Calif. — Global vehicle manufacturer Hyundai Motor Co. premiered the production version of its Xcient hydrogen fuel cell electric Class 8 truck for the North American market.

Seth Clevenger | Managing Editor, Features
May 5, 2023
Government, Business, Technology

Hyundai Breaks Ground on $5.5 Billion Electric Car Plant in Georgia

The Hyundai Meta Plant groundbreaking

Hyundai Motor Group broke ground in Georgia on Oct. 25 for its first U.S. plant dedicated to making electric vehicles.

Russ Bynum | Associated Press
October 25, 2022
Government, Business, Fuel

Hyundai Gets $1.8 Billion in Aid to Build EVs in Georgia

Image

SAVANNAH, Ga. — The state of Georgia and local governments are giving $1.8 billion in tax breaks and other incentives to Hyundai Motor Group in exchange for the automaker building its first U.S. plant dedicated to electric vehicles near Savannah, according to the signed agreement disclosed July 22.

Russ Bynum | Associated Press
July 22, 2022
Business, Fuel

Deal for $5.5B Hyundai EV Plant in Georgia Nears Final Approval

Image

SAVANNAH, Ga. — The local economic development agency that worked with Georgia officials in recruiting Hyundai Motor Group to build a $5.5 billion electric car plant near Savannah approved its portions of the deal July 19, though details of tax breaks and other incentives have yet to be disclosed.

Jeff Amy and Ross Bynum | Associated Press
July 19, 2022

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