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Hyundai prepares for Trump’s tariffs with billion-dollar investment in the United States

  • Hyundai is taking steps to prepare for President Trump's tariffs by investing billions in the United States, particularly in its new car factory in Georgia.
  • Hyundai is investing $12.6 billion in an assembly plant and two battery joint ventures in the US.
  • Hyundai aims to increase local production in the US to alleviate potential risks from Trump's proposed 25% tariff on imported vehicles.
  • Hyundai plans to produce a range of vehicles, including internal combustion engine cars, EVs, hybrids, and hydrogen cars, and aims to increase EV sales to over 2 million units worldwide by 2030.

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