Electric vehicles are more important now than at any point in the history of the auto industry. The steep price of gas isn't the only reason people are turning to cleaner energy Hyundai vehicles, though. Massive changes are happening all throughout the auto industry and other industries across the globe. As always, Hyundai positions itself as the leader of the pack.
CEO Jaehoon Chang recently made the exciting announcement that Hyundai is investing $5.5 billion in an all-electric vehicle complex. All those innovative Hyundai electric models are going to be built under one roof, under one spirit. Supply chain issues have plagued the auto industry this year, but Hyundai is always on top of things. The exact location of the facility has even been announced as Bryan County, a location just outside of Savannah, Georgia. In even better news, the new facility will employ 8,100 people who will have new opportunities for a long career building and turning out new electric Hyundai vehicles. The move is as much a win for the current White House administration as it is for the auto industry itself. Supply chains inside the United States promise to bring greater prosperity to the nation and to job opportunities for people worldwide.
With gas prices reaching new highs this year, automakers are eager to produce and sell electric vehicles that aren't dependent on gas. All-electric Hyundai models will obviously get a boost also, as the brand strives to bring forward new ideas to address current modern problems in the industry. Hyundai's press release shared that "the group is accelerating its electrification efforts with the global target set to 3.23 million full-electric vehicles by 2030." This isn't just about hybrid models or middle-of-the-road solutions. Hyundai is one automaker that wants a fully electrified auto force by 2030. By then, more Americans will have shifted to electric cars in general, so they'll be well-positioned to lead the new shift to all-electric models as time goes on. With a facility fully dedicated to electric-powered vehicles, it's certain that Hyundai will stay at the forefront of new auto technologies and even supply chains throughout the U.S. That's good news for anyone who wants to work in the auto industry right now, creating some of the most innovative vehicles on the planet.
If you'd like to learn more about the new planned all-electric vehicle facility coming from Hyundai, just contact our dealership.
