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Hyundai Just Opened a $7.6B EV Plant in Georgia
- Hyundai opened a $7.6 billion electric vehicle and battery plant in Georgia, USA.
- The facility will create over 8,500 jobs and produce 500,000 EVs per year once fully operational.
- By localizing production, Hyundai qualifies for full federal tax credits and avoids import-related tariffs and shipping expenses.
- The move is a strategic response to evolving policies and increasing demand for American-made EVs.
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