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

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

Chancellor of the University System of Georgia Sonny Perdue, left, and Hyundai Motor Group Executive Chairman Euisun Chung hold up a new memorandum of understanding for future mobility collaboration during a ceremony at Georgia Tech in Atlanta, Tuesday, Sept. 19, 2023. (Matthew Pearson/WABE via AP)

Hyundai plant - incentives — Chancellor of the University System of Georgia Sonny Perdue, left, and Hyundai Motor Group Executive Chairman Euisun Chung hold up a new memorandum of understanding for future mobility collaboration during a ceremony at Georgia Tech in Atlanta, Tuesday, Sept. 19, 2023. (Matthew Pearson/WABE via AP)

ATLANTA — A top Hyundai executive said Tuesday that the company is rushing to start electric vehicle and battery production as soon as possible at a $7.6 billion complex in coastal Georgia, spurred by federal electric vehicle incentives that reward domestic production.

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