Hyundai will invest $5 billion toward US manufacturing and innovation
, its Boston-based self-driving unit, by working to make its driverless technology safer and more accessible to customers in the US and other parts of the world.
“The move supports carbon neutrality goals with new technologies and contributes to manufacturing in the US,” Hyundai said in a statement. According to the automaker, its new Georgia plant will produce 300,000 EVs per year once production starts sometime in the first half of 2025. Construction on the facility will begin in early 2023.
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