Green Car Congress

NOVEMBER 12, 2022

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. Upon completion of all the contemplated construction phases, the Giga America complex is expected to be one of the largest battery cell manufacturing developments globally. billion through 2029.

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Georgia Batteries Battery Tax Credit 150

Green Car Congress

JANUARY 19, 2023

US-based graphite processor Urbix ( earlier post ) announced a Joint Development Agreement with global EV battery developer and manufacturer SK On (SKO). Headquartered in Seoul, SKO is a global Tier 1 cell-maker, with major battery plants operating and under construction across Asia, the US and Europe.

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Tax Credit Kentucky Lithium Ion Tennessee 210

Teslarati

MAY 31, 2023

Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. million globally by 2030.

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United States Hyundai Georgia Energy 82

Baua Electric

MAY 26, 2023

“We will create a strong foundation to lead the global EV transition through establishing a new EV battery cell plant with LG Energy Solution, a leading global battery producer and long-time partner,” Jaehoon Chang, CEO of Hyundai Motor Co. in Georgia. in Georgia. stated within the remark. Associate Hyundai Mobis Co.

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Hyundai Power Powered Georgia 52

Baua Electric

FEBRUARY 2, 2024

Hyundai announced a new deal with Iveco Group to supply an all-electric van based on its global eLCV platform. The new agreement deepens the partnership as Hyundai’s first export based on its new Global Electric Light Commercial Vehicle (ACV) platform. The deal is part of a broader partnership established in March 2022.

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Hyundai South Korea Tax Credit Commercial 97

Baua Electric

JANUARY 25, 2024

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. Meanwhile, Hyundai said it expects the global auto market to continue growing in the future as the shift to electric heats up.

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Baua Electric

MARCH 11, 2024

Hyundai is already making its presence known in the global EV market with its current IONIQ 5 and IONIQ 6. billion EV Metaplant in Georgia. Hyundai expects models produced at the plant will qualify for the $7,500 EV tax credit, making it even more competitive in its largest market.

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