Hyundai Motor and Kia Corporation, two Korean carmakers, will soon begin producing electric vehicles in the United States. Hyundai Motor has stated that it intends to invest in manufacturing facilities and other logistics in order to achieve this goal within a few years.

"I am proud to make this announcement on behalf of the Hyundai Motor Group, as this investment shows our strong commitment to the US market, our dealers, and customers. Hyundai will lead the future of mobility in the United States and around the world," said Jose Munoz, Global Chief Operating Officer at Hyundai Motor and President and CEO of Hyundai Motor North America.

Our efforts show that Hyundai will continue to strive for quality in its current and future product lineups."

Hyundai Motor has announced plans to invest $7.4 billion in electric vehicle production and smart mobility solutions in the United States by 2025.

"One main aspect of Kia's transformation is the shift from internal combustion engine to electrification," said Sean Yoon, President and CEO of Kia North America. We are making significant strides not only to lead the EV market, but also to increase our contribution to the economies where we do business, thanks to our strategic investment in the United States to manufacture EV models."

President Joe Biden of the United States recently emphasized the importance of moving toward electric mobility. The US government plans to replace 650,000 of its fleet vehicles with electric vehicles manufactured in the country. Hyundai's decision to invest in electric vehicle production in the United States would enable it to sell some to the government as well.

Hyundai has a fully operational automotive manufacturing facility in Alabama, while Kia's vehicles are produced in Georgia. Hyundai and Kia will aim to benefit from an increasing number of electric vehicles on the road in the United States, in addition to taking advantage of the current EV policy in the United States.

Also Read:

LEGION 5I (2021) IS LENOVO’S CHEAPEST GAMING LAPTOP WITH RTX 30-SERIES GPU

IOS 14 USERS CAN USE THE APPLE LOGO ON THE BACK OF THEIR IPHONES AS A VIRTUAL BUTTON, HERE IS HOW

INTEL UNVEILS 11TH-GEN TIGER LAKE-H PROCESSORS FOR HIGH END GAMING LAPTOPS

BAJAJ FACTORY FOR TRIUMPH, KTM AND HUSQVARNA TO BEGIN OPERATIONS IN 2023

REALME NARZO 30 TEASED TO SPORT 90HZ SCREEN AND 5000MAH BATTERY, LAUNCH IS ON MAY 18