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Hyundai has tentative plans for a new EV plant in the U.S., and it could land in Georgia

Teslarati

South Korean automaker Hyundai is tentatively planning to build a new electric vehicle manufacturing facility in the United States, and it could land in Georgia, where Rivian is planning to build a manufacturing facility. Kia also operates one of the largest automotive production plants in the United States in Western Georgia.

Georgia 96
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Rivian to build new $5 billion electric vehicle factory in Georgia

Electric Vehicles India

Rivian to build new $5 billion electric vehicle factory in Georgia. Rivian an Amazon-backed electric vehicle maker has announced a new $5 billion electric vehicle factory in Atlanta, Georgia. It will be the second factory in Georgia. The electric automaker will start its production at the new plant in 2024. launch in late 2020.

Georgia 59
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Hyundai sold nearly 269,000 electric vehicles last year as IONIQ 5 and 6 spark growth

Baua Electric

Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally. With this, Hyundai’s global EV sales reached 268,785 in 2023. The company saw solid sales growth across key markets, including North America, Europe, and India.

Hyundai 52
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LanzaTech closes $55.8M Series C round; PETRONAS on board as investor

Green Car Congress

LanzaTech has technology, strategic and commercial partnerships with global entities, including eight Fortune 500 global companies. In India, LanzaTech is working with Indian Oil and Jindal Power and Steel Limited on a facility to convert industrial waste gases into ethanol.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

President and CEO Jaehoon Chang explained how the company’s second-generation dedicated EV platform, under the new Integrated Modular Architecture (IMA), will replace its Electric-Global Modular Platform (E-GMP) going forward. The proportion of global EV production is set to increase from 8% this year to 34% in 2030.

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UT Austin to lead $58M study of methane hydrate in Gulf of Mexico; $41M from DOE

Green Car Congress

Hydrates have the potential to contribute to long-term energy supplies within the United States as well as abroad; many large global economies that lack clean and secure energy supplies have potentially enormous hydrate resources. Japan, South Korea, India and China—have active methane hydrate research programs.

Mexico 294
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Ford announces Smart Mobility plan; 25 initial projects

Green Car Congress

The 25 experiments address four global megatrends—explosive population growth; an expanding middle class; air quality and public health concerns; and changing customer attitudes and priorities—challenging today’s transportation model and limiting personal mobility, especially in urban areas. Share-Car, Bangalore, India.

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