Hyundai confirms USD 2.7 billion Metaplant expansion, growth plans for U.S.
On September 18, Hyundai Motor Group CEO José Muñoz confirmed the comapny is going forward with previously announced Phase 2 plans at its Metaplant site that would increase production capacity by 200,000 over the next three years, to a total of 500,000 vehicles annually by 2028, with a mix of 10 hybrid and EV models,