Hyundai is rapidly building its first U.S electric vehicle plant, with production on track for 2025

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Munoz, Hyundai's president and global chief operating officer, said last month that the company has accelerated construction to take advantage of federal incentives that reward domestic production of EVs. He said it's possible the plant could open before the end of next year.

Officials at the construction site Wednesday said the foundation work for the factory's main production buildings is almost finished and the framework of more than 27,000 tons of steel is more than 80% complete. Some have roofs and floors, and exterior wall panels have begun to go up.

Hyundai offered a first look Wednesday at some features of the finished plant. Artist renderings showed buildings with plentiful windows and skylights to maximize natural lighting indoors, a large covered parking lot for employees topped with solar panels, and an elevated bridge with glass sides that will let people outside see unfinished cars moving by conveyor from the paint shop to the assembly plant.

Pat Wilson, Georgia's economic development commissioner, has said Hyundai is projected to have a direct payroll of $4.7 billion over the next 10 years. The company has promised to pay workers a yearly average of $58,105, plus benefits.The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop.

Alberta’s proposal to leave the Canada Pension Plan could cause 'serious harm' to working people and retirees, Ontario’s finance minister said in an open letter published Wednesday.Neighbours are expressing devastation at shootings that left five people, including three children, dead in the northern Ontario city of Sault Ste. Marie.

 

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