Tag: hyundai

Hyundai's American Dream Machines Jobs and EVs on the Horizon

Hyundai's American Dream Machines Jobs and EVs on the Horizon

Hyundai Motor Group's (HMG) ambitious plan to invest significantly in the United States is poised to reshape the automotive manufacturing landscape and generate substantial job growth. The South Korean automotive giant’s new $5 billion gamble is a bet big enough to shake up the U.S. electric vehicle market. So far,...

Hyundai's Green Leap: A Giant's Strides or a Shadow Over Innovation?

Hyundai's Green Leap: A Giant's Strides or a Shadow Over Innovation?

Hyundai's ambitious foray into green technology, marked by substantial investments and headline-grabbing initiatives, undeniably signals a shift in the automotive industry. The company's commitment to carbon neutrality by 2045, aggressive renewable energy targets, and ventures into hydrogen fuel cell technology, green steel, and aluminum production paint a picture of a...

Hyundai to Invest $20 Billion in U.S. Onshoring, New Steel Plant in Louisiana

Hyundai to Invest $20 Billion in U.S. Onshoring, New Steel Plant in Louisiana

South Korean conglomerate Hyundai — aka the company behind your favorite electric vehicle — is expected to announce a huge $20 billion investment in U.S. onshoring initiatives. The final winner will be announced at the White House. Hyundai Chairman Euisun Chung, former President Donald Trump, and Louisiana Governor Jeff Landry...