Posts Tagged ‘Hyundai’
Hyundai and LG announce $4.3 billion plant in Bryan County to build batteries for electric vehicles
Hyundai Motor Group and LGES signed a memorandum of understanding to produce EV batteries in the U.S. and further accelerate the Group’s electrification efforts in North America. The signing ceremony took place in LGES’s headquarters in Seoul on May 26 with the attendance of Jaehoon Chang, President and CEO of Hyundai Motor Company and Youngsoo Kwon, CEO of LG Energy Solution. The new battery cell JV will be located in Bryan County, Savannah, Georgia where Hyundai Motor Group Metaplant America is currently being built.
Read MoreHyundai Motor Group Breaks Ground on Metaplant America Dedicated EV and Battery Plant
Hyundai Motor Group Executive Chair Euisun Chung, along with Governor Brian P. Kemp, and company officials, and state and local leaders, officially broke ground today on Hyundai Motor Group Metaplant America (HMGMA) LLC’s new manufacturing plant at the Bryan County Mega site. The celebration included a morning groundbreaking on site, followed by a future technology expo at Enmarket Arena in Savannah, where the company highlighted “advanced technology and extraordinary human achievement” with a wide array of exhibits for hundreds of attendees from the community in attendance.
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