|
The
South Korean auto group, which houses Hyundai Motor Co and Kia
Corp, will build a plant to make electric vehicles (EVs) in
south Georgia, the sources said.
Hyundai Motor Group declined to comment.
Kemp's office said on Wednesday he would make a "special
economic development announcement" in Bryan County, near the
port city of Savannah, on Friday. The Atlanta Journal
Constitution reported the investment would create more than
8,500 jobs.
Reuters reported on May 9 that Hyundai was in talks to build an
EV-manufacturing plant in the United States and had held
discussions with Georgia officials.
The Associated Press said on Friday that Hyundai could also
build some cars powered by gasoline engines at the site.
On Wednesday, White House National Security Adviser Jake
Sullivan said Biden "will engage with technology and
manufacturing leaders in Korea who are mobilising billions of
dollars in investment here in the United States to create
thousands of good-paying American jobs."
The Hyundai group, the world's third-biggest automaker by
vehicle sales, said last year it planned to invest $7.4 billion
in the United States by 2025 to produce EVs, upgrade production
facilities expand investment in smart mobility solutions -
technology to improve different modes of transportation in
cities.
The group said on Wednesday it would invest 21 trillion won ($16
billion) in South Korea through 2030 to expand the production
capacity of EVs in the country to 1.44 million vehicles per
year.
That would account for roughly 45% of its forecast 2030 global
EV production capacity of 3.23 million vehicles, it said.
($1 = 1,274.4700 won)
(Reporting by David Shepardson in Washington and Heekyong Yang
in Seoul; Writing by Byungwook Kim; Editing by William Mallard)
[© 2022 Thomson Reuters. All rights
reserved.]
This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|
