As Jason Dunn delved deeper into a proposed project that would benefit rural Georgia’s wood sector, an unforeseen problem emerged. Tariffs were set to significantly raise the costs of perhaps […]
Category: Automotive
Posted inSouth Korea
SK Battery Cuts Nearly 1,000 Georgia Jobs Amid Declining EV Demand
South Korean giant SK, the company that helped kickstart Georgia’s push to become a hub for electric mobility manufacturing, is cutting nearly 1,000 jobs at its Commerce plant amid tepid demand for battery-electric vehicles.
Posted inSouth Korea
Korean Auto Parts Company to Invest $30M in Emanuel County
The multi-year wave of Korean investment coming in to support the Hyundai Metaplant in Savannah has yet to subside even as sleek vehicles continue to roll off the assembly line.
Posted inSpecial Report: Circular City
Atlanta Firm Holds the Key to Getting More Golf Carts on the Road — and Cutting Global Emissions
For Atlantans accustomed to battling interstate traffic, a three-mile commute may seem like a dream. But it’s one that more people around the world are making a reality, says XiQ […]
Posted inSouth Korea
Hyundai to Invest $2.7B in Georgia, Showing Commitment Despite Immigration Raid
Even after a Sept. 4 immigration raid that threw a wrench into its operations, Hyundai Motor Group this week said Thursday it would invest $2.7 billion more in Georgia, clarifying plans to create 3,000 more jobs at its Metaplant near Savannah.
Posted inSouth Korea
Expert: After ICE Raid, Korean Investors Seek Reassurance, Vocal Support from State Leaders
As the fallout continues from the ICE raid on Hyundai’s plant near Savannah, Georgia leaders should be vocal in their support of Korean investors to restore trust and keep historic investments on track, a top expert on U.S.-Korea trade said in Atlanta Thursday.
Posted inChina
Rivian Keeps an Eye on China Trade Tensions as It Breaks Ground on $5B Georgia Plant
In the long run, Rivian’s road to profitability runs through Georgia, but it’s also keeping an eye on how China trade tensions will affect access to key minerals.
Posted inSouth Korea
Georgia moves to shore up Korea ties as Hyundai takes stock after ICE raid
As construction stopped this week at the South Korean-owned battery factory at the center of an immigration firestorm, Georgia moved amid the fallout to shore up its vital four-decade partnership with the country.
Posted inSouth Korea
ICE Raid at Hyundai-LG Battery Facility Near Savannah Sweeps Up Nearly 500 Workers
An Immigration and Customs Enforcement raid on the mega site home to Hyundai Motor’s electric-vehicle factory in Bryan County Thursday resulted in the arrest of nearly 500 people accused of […]
Posted inSouth Korea
Pullback on Korean Battery Recycling Plant Could Portend More Trouble for Georgia’s Clean Energy Sector
A South Korean electric battery recycler is the latest clean-energy firm pulling back on investment plans for Georgia amid flagging demand for electric vehicles and the impending elimination of federal EV subsidies.