Georgia Gets a Second Electric Vehicle Facility? Hyundai Plans $7B Plant
Hyundai is expected to announce that it's building "a massive electric vehicle plant near Savannah, Georgia," reports the Associated Press, citing a U.S. official "familiar with the anticipated announcement." The plant is expected to bring thousands of new jobs to Georgia. The plant could grow to include 8,500 employees and would be built on a 2,200-acre (890-hectare) site that state and local governments own near the hamlet of Ellabell, Georgia, said two people familiar with Georgia's talks with Hyundai.... The second person said Hyundai would invest more than $7 billion and could also build some cars powered by gasoline engines at the site, with an announcement in Georgia set for May 20... It would be the second massive electric vehicle plant announced in Georgia in less than a year. Rivian Automotive in December announced it would build a $5 billion, 7,500-job electric truck plant about 45 miles (70 kilometers) east of Atlanta.
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