Hyundai Motor, LG Energy Solution to boost investment in Georgia JV by $2 billion

📆 8/31/2023 6:16 PM
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(Reuters) - Hyundai Motor Group and LG Energy Solution will boost their investment in a Georgia joint venture battery cell manufacturing plant by $2 ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Hyundai Motor Group and LG Energy Solution will boost their investment in a Georgia joint venture battery cell manufacturing plant by $2 billion, Governor Brian Kemp said on Thursday.

The 30 GWh facility will be able to support the production of 300,000 units of EVs annually at full production. The new investment hikes the total investment in the battery manufacturing and electric vehicle manufacturing complex to $7.59 billion.

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