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Hyundai to invest $5.54B into first fully dedicated electric vehicle, battery manufacturing facility in Georgia

Hyundai Motor Group recently announced plans to build a new smart factory at the Bryan County Megasite in Georgia, which will invest billions of dollars and attention to the state’s first fully dedicated electric vehicle (EV) and battery manufacturing facility.

In addition to the $5.54 billion Hyundai is expected to invest in the facility, non-affiliated suppliers will invest another $1 billion, gaining around 8,100 jobs for the state’s coastal region.

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