Automotive

Hyundai Finds a Way

EVs, batteries, making deals in the US - this article is like a summary of OEM news for the last few weeks.
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Hyundai Finds a Way
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Not long ago, Hyundai and the South Korean government expressed frustration over the Inflation Reduction Act. The act limited the brand's access to EV tax credits in favor of domestically sourced and manufactured vehicles.

Who ya' gonna call? A new deal with battery maker SK will help Hyundai reach and maintain compliance with the rolling requirements of the act.

The battery deal and a new plant in Georgia will reassure people Hyundai is still very much in the US auto market now and for the foreseeable future.

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