Hyundai has a multi-billion-dollar bet to dodge Trump’s tariffs, boost EVs in the US

Electrek
By Peter JohnsonMar 24, 2025, 12:20 pm129 pts
The South Korean auto giant has no plans to slow down in the US. Hyundai will reportedly announce another $20 billion investment in the US later today. The funds will help boost local production, including a new steel plant for its upcoming EVs. President Donald Trump and Hyundai are expected to announce the…

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