{"id":516038,"date":"2022-08-23T09:32:23","date_gmt":"2022-08-23T04:02:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=516038"},"modified":"2022-08-23T09:45:03","modified_gmt":"2022-08-23T04:15:03","slug":"hyundai-mulls-speeding-up-construction-of-us-ev-plant-amid-new-law","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hyundai-mulls-speeding-up-construction-of-us-ev-plant-amid-new-law\/","title":{"rendered":"Hyundai mulls speeding up construction of US EV plant amid new law"},"content":{"rendered":"<p>Hyundai Motor is considering speeding up the construction of its dedicated electric vehicle (EV) plant in the US amid a new law excluding EVs built outside North America from tax breaks, industry sources said on Monday.<\/p>\n<p>Hyundai is considering starting construction of its US$5.54 billion EV and car battery plant in Georgia later this year, under a goal of commencing production in the second half of 2024, a source with direct knowledge of the matter told Yonhap News Agency.<\/p>\n<p>The South Korean carmaker was originally planning to start construction on the 300,000-unit-a-year U.S. EV facility in January 2023 and begin production in the first half of 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyundai Motor is considering speeding up the construction of its dedicated electric vehicle (EV) plant in the US amid a new law excluding EVs built outside North America from tax breaks, industry sources said on Monday. Hyundai is considering starting construction of its US$5.54 billion EV and car battery plant in Georgia later this year, under a goal of commencing production in the second half of 2024, a source with direct knowledge of the matter told Yonhap News Agency. The South Korean carmaker was originally planning to start construction on the 300,000-unit-a-year U.S. EV facility in January 2023 and begin [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-516038","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=516038"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516038\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=516038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=516038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=516038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}