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Tribune News Service
Tribune News Service
Business
J. Scott Trubey, Drew Kann

Hyundai factory groundbreaking highlights EV promise and challenges

SAVANNAH, Ga. – Inside the glitzy Enmarket Arena, VIPs and residents crowded around shimmering Hyundai, Kia and Genesis electric vehicles and concept cars in a scene reminiscent of an international auto show.

And like an auto show, the promise of tomorrow was center stage. Company and government leaders touted new technologies and thousands of jobs as Hyundai Motor Group EV broke ground nearby on a $5.54 billion factory, the South Korean giant’s biggest investment outside its home nation.

“Together we will build the most sustainable and technologically advanced mobility production hub in the world,” José Muñoz, CEO of Hyundai North America, told a crowd of about 700 inside the arena.

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