lg energy solution

Hyundai Motor Group and LG Energy Solution have announced they will build a $4.3 billion electric battery plant as part of Hyundai's new electric vehicle assembly plant in southeast Georgia.

The companies will split the investment, starting production as soon as late 2025.

Ford has announced an investment of $1.3 billion to retool its Canadian assembly plant in Oakville, Ontario to make electric vehicles and batteries for the North American market.