Hyundai invests more in Georgia to produce hybrids
Teslarati
APRIL 26, 2024
Hyundai’s Georgia Metaplant was supposed to be a dedicated factory for EV production. However, Hyundai and a few more legacy automakers have mentioned a slowing demand for electric vehicles and have turned to hybrid production to recover losses. Ford postponed EV launches to focus on hybrid production. trillion won (US$2.5
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