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The Latest Breaking News from Jose Munoz

EV Stocks Plunge As Trump Plans To Kill Incentives

The news of the potential death of the consumer credits for electric vehicle sales is sending shockwaves across the U.S. auto industry. Share prices of EV makers, including Tesla, are plummeting, incumbent federal officials are ringing alarm bells and automakers are bracing for the incoming Trump administration with leadership changes…

InsideEVs

Hyundai is rapidly building its first US electric vehicle plant, with production on track for 2025

Construction of Hyundai's first U.S. plant dedicated to making electric vehicles is moving quickly

The Independent UK

Hyundai Speeds Up Construction Of US EV Plant To Get IRA Incentives

The company decided "to double down" and is looking to open the plant three months ahead of the initial January 2025 target, said Hyundai global COO Jose Munoz.

InsideEVs

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Hyundai rushing to open Georgia plant because of law rewarding domestic electric vehicle production

Hyundai is rushing to start electric vehicle and battery production at a $7.6 billion complex in coastal Georgia, spurred by federal electric vehicle incentives that reward domestic production

The Independent UK

Republicans in the US ‘battery belt’ embrace Biden’s climate spending

Southern states led by Republicans did not vote for climate spending, but now embrace clean energy dollars like never before

The Guardian - US

Child workers found throughout Hyundai-Kia supply chain in Alabama

A Reuters investigation finds children worked for at least four Alabama parts suppliers to Hyundai and Kia in recent years, with staffing agencies placing migrant minors in plants where regulations ban kids from working.

ABC News

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.

Tribune News Service

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Hyundai Motor Group Breaks Ground On Metaplant America In Georgia

Hyundai Motor Group officially broke ground on Hyundai Motor Group Metaplant America new manufacturing plant at the Bryan County Mega site in Georgia.

InsideEVs

Hyundai presses US government for flexibility with EV tax credits

SAVANNAH, Georgia ― Korean and Hyundai Motor Group officials on Tuesday celebrated the groundbreaking for a $5.54 billion Georgia electric vehicle factory — and used the occasion to urge Washington to restore tax credits for plug-in vehicles that Hyundai currently makes in Korea until it can start production in the…

Tribune News Service

Hyundai breaks ground on massive Georgia EV plant

SAVANNAH, Georgia ― Hyundai Motor Group held a ceremonial groundbreaking Tuesday near Savannah for its $5.54 billion electric vehicle “Metaplant,” its biggest investment outside South Korea, a future-defining wager in electrification and the largest economic development project in Georgia history.

Tribune News Service

Hyundai Looking Into Alleged Child Labor From US Suppliers: Report

Two Alabama-based Hyundai suppliers are currently under investigation for using underage workers.

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