Hyundai Mobis to build EV battery module plant in Alabama, U.S.

Several South Korean media sources reported that Hyundai Mobis Co., Ltd. (Hyundai Mobis) will build a new plant in Montgomery, Alabama, the U.S., investing USD 250 million. From 2024, the plant will produce enough battery modules per year for 200,000 electric vehicles (EVs) with plans to deliver them to Hyundai Motor....

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