Hyundai, LG Eye $4.3bn US Battery Plant in EV Tax Credit Push

Hyundai, LG Eye $4.3bn US Battery Plant in EV Tax Credit Push

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South Korea’s Hyundai Motor Group and LG Energy Solution said on Friday they will build a $4.3 billion electric vehicle (EV) battery plant in the United States amid a push to take advantage of tax credits. Manufacturers must adhere to new US sourcing requirements for EV battery components and…

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