Hyundai

When Hyundai started its new plant in Georgia in 2022 to build electric cars, many people wondered about such a decision. The future of EV’s was in question at the time and even more so today. At the grand opening this week, the talk was slightly different with no mention of EV’s but talk about hybrids. Will this change again and move toward gasoline cars? If the US introduces tariffs on imported cars, Hyundai will be encouraged to produce gas power cars here in the states. The demand for Hyundai will be high, at least at the start, as other companies try to build new production plants here in the US. This plant is designed to produce 500,000 cars per year and the demand will be there if imports slow down because of tariffs.