The Latest Breaking News from Jose Muñoz

For a minute there, it seemed like the Hyundai Motor Group did everything right. It invested early into electric vehicles, used its growing technology advantage to reset perceptions of the Hyundai and Kia brands, and then ramped up huge EV and battery factories in the U.S. to take advantage of…

When Hyundai's new EV "Metaplant" opens this fall, the Ioniq 5 will be the first car off the line. It's Hyundai's best-selling EV, so an exec calls the move a "no-brainer."

It could be part of the company's $7.4 billion investment into its US operations.

Hyundai is a leader when it comes to compelling EVs, but their availability in the US is limited. Hopefully, an EV and battery factory on our shores will help.