Tesla Rival intends to construct a new electric vehicle facility in the United States

Tesla Rival intends to construct a new electric vehicle facility in the United States ...

Despite worldwide supply chains and supply chain, logistics and production constraints, Tesla Inc Reportare is planning to increase production.

Lockdowns on Covid-19 have impacted Tesla''s manufacturing, including Volkswagen, Toyota, and Nio (NIO) - Get NIO Inc. (China) Reportand Li Auto.

According to the China Passenger Car Association, Tesla delivered in April just over 1,500 automobiles. In March, it delivered more than 65,800 vehicles.

Nio reported a 28.5% decline in April deliveries, compared to the same month in 2021. Li Auto said the April deliveries were 22.7 percent lower than the same month in 2021.

While China shutdowns have continued, EV manufacturing facilities in the United States have been open and operating. Elon Musk opened Tesla''s second factory in April, marking the company''s second U.S. plant.

In March, it opened its Berlin Gigafactory in Germany.

Ford (F) - Get Ford Motor Company Reporton April 26 started manufacturing its F-150 Lightning electric truck. General Motors (GM) - Get General Motors Company Reportin April resumed production of its Chevy Bolt in April, and in March began manufacturing the Cadillac Lyriq EV.

Get Lucid Group, Inc. Report, the company that built a Casa Grande, Ariz., plant in November 2021, intends to produce 12,000-14,000 electric vehicles by the end of 2022.

Hyundai:

New Electric Vehicle Plant Coming to Georgia

Hyundai Motor Co., a South Korean automobile manufacturer, has met with Georgia state officials to discuss the construction of a new electric vehicle in the Peach State, according to Reuters on May 9th.

According to sources, the Georgia-based auto firm will be stationed along Interstate 16 in Bryan County, Georgia, and would employ 8,500 people.

Hyundai''s intention to construct its second Georgia facility comes afterRivian''s announcement in December that it intends to build its second Georgia facility.

In the Morgan and Walton counties, the $5 billion project is slated to feature a carbon-conscious campus east of Atlanta.

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Rivian said its facility would employ 7,500 employees and would produce up to 400,000 automobiles per year.

Construction on the Rivian facility is expected to begin in summer 2022, with electric vehicles starting in 2024.

"We are eager to announce a new electric vehicle plan in the United States soon, but we do not have anything to say at this stage," Hyundai said in a statement.

Producing SUV EV Models

According to reports, a new manufacturing facility would construct EVs for Hyundai and its Kia affiliates, including SUV models Ioniq 7 and EV9, which will be sold in the United States.

Hyundai may make an official announcement around the same time President Joe Biden''s visit to Seoul later this month.

Hyundai have paid $300 million to construct an all electric Genesis GV 70 and a hybrid version of its Santa Fe SUV at its Alabama factory in April.

Kia previously stated that it intends to have 14 electric vehicle models by 2027, while Hyundai claimed that it will have 17 vehicles by 2030.

SK On, Hyundai''s battery supplier, has built two adjacent battery plants in Georgia.

According to a source, SK On is reportedly planning to supply the battery for the Ioniq 7, according to a source.

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