Hyundai Motor Group’s $21 Billion U.S. Bet Faces a New Political Headwind
When Hyundai Motor Group announced plans in 2022 to invest $21 billion in the United States through 2030, the move was widely interpreted as a strategic masterstroke. The South Korean automaker would build electric vehicle and battery manufacturing capacity in Georgia, positioning itself to capture incentives under the Inflation Reduction Act while deepening its foothold…