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Hyundai to announce electric vehicle plans in Georgia, according to report

Hyundai Motor Group could announce a new $7.5 billion electric vehicle plan near Savannah, Ga., perhaps as early as next week, according to The Atlanta Journal-Constitution.

The paper cited unnamed sources in reporting the plant will hire 8,500 to build battery-powered cars and SUVs for the company’s Hyundai and Kia brands, as well as electric batteries.

Published reports put the plant on a 2,200-acre sit along Interstate 16.

The Hyundai Motor Group opened its Kia plans just over the state line in West Point, Ga. in 2009. Last month, Hyundai Motor Manufacturing Alabama in Montgomery announced it will later this year begin building the Electrified Genesis GV70 and the hybrid version of the Santa feet

The vehicles will join the Elantra sedan, Santa Fe and Tucson SUVs and Santa Cruz sport adventure vehicle on the Montgomery assembly line.

The addition of the Electrified GV70 and Santa Fe Hybrid marks the beginning of Hyundai’s electric vehicle production in the United States. Hyundai plans to invest $300 million and create 200 jobs in Montgomery.

Hyundai Motor, which includes the Hyundai and Kia brands, last year announced it plans to invest $7.4 billion in the US by 2025 to manufacture electric vehicles.

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