Tag

Us Factory

All articles tagged with #us factory

automotive2 years ago•1 min saved

"Tesla Unveils Upgraded Model 3 for North American and Taiwanese Markets"

Tesla has launched its upgraded Model 3, known as "Highland," in Taiwan, with the vehicles being shipped from its U.S. factory in Fremont, California. The redesigned Model 3 is available for purchase in Taiwan, with the rear-wheel-drive version priced at NT $1,699,900 and the Long Range variant at NT $1,999,900. This move comes after the recent launch of the new Model 3 in North America and amid import bans on products from mainland China in Taiwan. Additionally, Tesla is expected to introduce a redesigned Model Y, "Juniper," with a simplified lineup of parts and updated designs.

via TESLARATI|

#automotive #electric-vehicles #model-3

business2 years ago•2 min saved

Hyundai's US Electric Vehicle Plant on Fast Track for 2025 Production

Hyundai is making rapid progress on its first US electric vehicle (EV) plant in Georgia, with production expected to begin in early 2025. The $7.6 billion facility, known as the American "metaplant," will have the capacity to produce 300,000 EVs annually and will also manufacture batteries in partnership with LG Energy Solution. The construction site, covering over 2,900 acres, is already well underway, with the main production buildings nearing completion. The plant is set to employ 8,500 workers and is expected to have a significant economic impact on the region, creating an additional 6,000 jobs through supplier openings.

via AOL|

#business #electric-vehicles #georgia

automotive3 years ago•2 min saved

Hyundai's Georgia Factory Races to Meet US EV Demand and Collaborates with Georgia Tech for Future Mobility Tech

Hyundai is expediting the construction of its factory in Georgia to meet the growing demand for electric vehicles (EVs) in the US. Originally planned for production in 2025, the company aims to start manufacturing EVs in Georgia by early 2025 or even earlier. The move is driven by the new clean vehicle tax incentives, which require EVs to undergo final assembly in North America. Hyundai is investing $12.6 billion in the Georgia facility, which will create over 8,500 jobs, and is also setting up a joint-venture battery factory. Kia, Hyundai's sister company, will also begin EV production in the US next year.

via Ars Technica|

#automotive #clean-vehicle-tax-incentives #ev-production

business3 years ago•1 min saved

VinFast's U.S. factory groundbreaking marks major milestone for Vietnam's EV maker

Vietnamese electric vehicle (EV) maker VinFast is set to begin construction on its delayed U.S. factory, entering a competitive market dominated by Tesla and BYD. VinFast's EVs produced in the U.S. could qualify for up to $7,500 in tax credits, unlike its vehicles built in Vietnam. The company aims to offer premium quality products at affordable prices, with its VF 9 model priced at a discount compared to the Tesla Model X. VinFast faced challenges, including a software issue and reduced headcount, but plans to list in the U.S. through a merger with Black Spade Acquisition Co.

via CNBC|

#business #ev-market #tax-credits