Hyundai Motor Group is ramping up its production capacity in the United States, particularly at its Metaplant America facility in Georgia, from 300,000 to 500,000 units per year. The automaker is shifting its focus to include hybrid vehicles in addition to electric vehicles, intending to leverage its Alabama plant's output as well. This strategic move is a response to anticipated 25% tariffs on auto imports announced by President Trump, set to take effect on April 2, 2025, aimed at mitigating the financial impact of these duties on the automaker's operations.
Hyundai aims to expand its Georgia factory's production capacity from 300,000 to 500,000 units annually, planning to include hybrid vehicle production alongside electric vehicles.
With tariffs looming, Hyundai's strategy focuses on maximizing U.S. production to mitigate potential impacts, particularly with 25% duties likely on auto imports starting April 2025.
Collection
[
|
...
]