Hyundai Begins Construction Of First EV Factory To Maintain US Tax Credits

And it’s official. Hyundai plans to break ground on a massive $5.5 billion electric vehicle factory in Bryan County, Georgia, on October 25th. After months of lobbying with U.S. authorities over changes to the EV tax credit in recently passed climate legislation, Korean Automobile… Source: electrek.co

Nissan (NSANY) To Invest $1.4 Billion In UK Factory To Produce EVs

Nissan NSANY plans to invest $1.4 billion to upgrade a factory in northeast England to build electric versions of two of its best-selling cars. The investment is expected to boost the country’s struggling economy. The carmaker currently builds gasoline or gas hybrid Qashqai and Juke crossovers at its factory in Sunderland. Source: finance.yahoo.com

UAW Strike Reaches GM Full-size SUV Stellantis Ram 1500 Factory

The UAW has extended its ongoing strike to two large assembly plants that make some of General Motors’ and Stellantis’ most profitable vehicles. Workers have left the Arlington, Texas, plant that makes GM’s full-size SUVs, including the Chevrolet Tahoe, Suburban, GMC Yukon and Cadillac Escalade. This follows an escalation of strikes against Stellantis… Source: Car and Driver