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Hyundai Breaks Ground on EV Plant in Georgia

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Oct. 26, 2022—Hyundai has broken ground on an electric vehicle manufacturing plant in Georgia. 

According to ABC News, the groundbreaking took place on Tuesday in Bryan County. Hyundai plans to open the plant in 2025. It will employ around 8,100 people and produce up to 300,000 EVs annually.  

Once production begins in Georgia, Hyundai EVs can qualify for electric vehicle purchase incentives including tax credits through the Inflation Reduction Act. These incentives are specifically for EVs produced in North America. 

The $5.5 billion Hyundai plant is the largest economic development project in Georgia's history. 

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