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Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia

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The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings. The new plant is expected to start manufacturing battery cells in the second half of 2025 with an annual production capacity of 35 GWh, which is sufficient to support the production of 300,000 EVs.

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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

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Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America.

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Toyota Motor Manufacturing, Alabama marks start of 4-cylinder engine production

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Toyota Motor Manufacturing, Alabama, Inc. Corporation (TMC), held a line-off ceremony to mark the beginning of. TMMAL), an engine-production subsidiary of Japan-based Toyota Motor. four-cylinder engine production.

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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.

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Majority of workers at Mercedes-Benz plant sign up for UAW

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International (MBUSI) factory in Tuscaloosa, Alabama, according to a statement from the UAW on Tuesday. manufacturing plants. Mercedes also says the site was the first major production facility outside of Germany, calling it the “nucleus of the automotive industry in Alabama.”

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Hyundai Motor Group signs MOU with SK On to secure EV battery supply for N America

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Hyundai Motor Group plans to produce various EV models in the United States through Hyundai Motor Alabama Plant (HMMA), Kia Georgia Plant (KaGA), and Hyundai Motor Group New Plant (HMGMA). —Heung-soo Kim, Executive Vice President and Head of Corporate Future Growth Planning Division & EV Division of Hyundai Motor Group.

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Toyota to begin hybrid powertrain production in US; $374M investment in 5 plants

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million in five US manufacturing plants to support production of its first US-made hybrid powertrain and to implement Toyota’s New Global Architecture (TNGA) at its Alabama plant. The Huntsville, Alabama, plant will undergo a comprehensive upgrade to enable it to build engines that complement TNGA. Toyota will invest $373.8