Hyundai is rushing to start electric vehicle and battery production at a $7.6 billion complex in coastal Georgia, spurred by federal electric vehicle incentives that reward domestic production.
Georgia will give Hyundai Motor Group a projected $2.1 billion in tax breaks and other incentives to build electric cars and batteries in the state. That amount is up by nearly $300 million after Hyundai and battery make LG Energy Solution announced last month that they would raise their own investment at the complex west of Savannah by more than $2 billion.
In a wide-ranging interview, Ford's CEO shares his thoughts about his company's ramp-up in electric cars and the state of charging. (He's very happy about that Tesla deal, too.)
Kia Corp. will invest $200 million in its Georgia factory to begin producing an electric-powered SUV. The South Korean company said Wednesday that it would hire an additional 200 workers to begin producing its large EV9 vehicle in West Point by early 2024.
Wednesday on Political Rewind: The Supreme Court rejected "independent legislature theory," an idea that its critics say could have undermined American democracy. Sen. Jon Ossoff and Gov. Brian Kemp feud over who's responsible for EV developments in Georgia. Meanwhile, there were two disturbing neo-Nazi protests in Georgia this week.
Gov. Brian Kemp is escalating his attack on President Joe Biden's electric vehicle policy. Kemp spoke Tuesday at the groundbreaking for a company that got more than $100 million in federal funding to refine graphite for electric batteries. But Kemp says Biden's infrastructure law wrongly puts the government's "thumb on the scale."
Hyundai and LG Energy Solution say they will build a $4.3 billion electric battery plant in Georgia. The factory would be on the site of the new electric vehicle assembly plant that Hyundai Motor Group is building near Savannah.
A supplier of graphite for electric batteries says it will invest $800 million to build a factory in southwest Georgia, hiring 400 workers. Anovion Tecnologies, based in Chicago, said it would make synthetic graphite anode in Bainbridge.
Musk's new "master plan" for Tesla didn't reveal any new vehicle models. Instead he presented a big-picture case for climate action, followed by smaller examples of innovations and cost-cutting.
A joint study on the future of electric transportation in Georgia delivered a series of recommendations this week, but some proposals were tabled for legislators to decide on later.
U.S. Sen. Raphael Warnock is urging the U.S. Treasury secretary to use "flexibility" in defining how automakers and consumers qualify for a revised tax credit for Americans buying electric vehicles.
California's move to end the sale of new gas-powered cars could prove a seminal moment in the shift to zero-emission cars — but getting there won't be easy.