The company has yet to announce United States specs, which might be why it didnt discuss the GV70 EV at all in its press release. Its taken Hyundai awhile to establish United States EV production dates, and follows current, similar announcements by Toyota and Volkswagen. All 3 companies, which run non-union plants in the United States, opposed the Biden administrations plan to supply extra tax incentives to unionized car manufacturers.
Hyundai will produce EVs in the US starting in December this year with the energized Genesis GV70 crossover model, the company announced at the NY Automotive Forum in a video seen by Automotive News. Its part of a grand plan to invest $7.4 billion in the US by 2025 to establish a family of EVs and smart mobility technology..
Hyundai will begin energized production at its Montgomery, Alabama plant in October with the Santa Fe Hybrid, the business announced at an event with Alabama Governor Kay Ivey. Itll invest $300 million to start with, developing 200 new tasks at the plant (its only production center in the US). The company currently develops the Elantra sedan, Santa Fe and Tucson SUVs and Santa Cruz sport adventure vehicle on the Montgomery assembly line.
Genesis.
The Genesis GV70 EV was silently exposed late last year at the Guangzhou Auto Show in China. The company has yet to announce US specifications, which might be why it didnt point out the GV70 EV at all in its news release. However, the Korean variation will come with an 800 volt charging system and 77.4 kWh battery great for about 400 km (247 miles) of variety according to the Korean testing cycle..
It also includes 2 electric motors that produce 482 horsepower and 516 pound-feet of torque, significantly more than the ICE variation of the GV70. According to photos, the high-end and tech-adorned interior will be similar to the one on the present gas-powered GV70..
Its taken Hyundai awhile to establish United States EV production dates, and follows current, comparable statements by Toyota and Volkswagen. All three business, which run non-union plants in the US, opposed the Biden administrations plan to supply additional tax rewards to unionized car manufacturers. At the very same time, Hyundais unionized workers in Korea want the business to improve domestic EV production rather than investing abroad.