billion

Hyundai will build a $5.5 billion electric vehicle and battery factory in the United States.  Here is where

Hyundai will build a $5.5 billion electric vehicle and battery factory in the United States. Here is where

Hyundai is investing nearly $5.5 billion in the electric vehicle plant in Bryan County, Georgia, creating 8,100 new jobs. The plant expects to reach a capacity of 300,000 units per year when it begins commercial production in the first half of 2025. The facility is expected to start up early next year. Hyundai said the …

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Hyundai to invest $5.5 billion to build electric vehicles and batteries in Georgia

Hyundai to invest $5.5 billion to build electric vehicles and batteries in Georgia

The Hyundai logo is displayed at the #WeAreMobility show during the 97th Brussels Motor Show on January 18, 2019, in Brussels. Dirk Waem | AFP via Getty Images Hyundai Motor on Friday confirmed plans to spend $5.54 billion to build its first electric vehicle and battery manufacturing facilities in the United States. The factories will …

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Biden Admin announces $3.5 billion in funding for carbon dioxide elimination

Biden Admin announces $3.5 billion in funding for carbon dioxide elimination

The federal government is big on the idea of ​​a “cancel” button on climate change. On Thursday, the US Department of Energy said his official intention fund $3.5 billion in removal of carbon dioxide by direct air capture. The announcement signals the Biden administration’s goal of pouring billions of dollars into developing, building and maintaining …

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