Despite the attacks on ESG investing, Hyundai roars into Georgia with another new fossil-killing electric vehicle battery manufacturing plant.
in the US. “Georgia, Kentucky, and Michigan are going to dominate electric vehicle battery manufacturing in the United States by 2030,” Clifford summarized.Oh the irony, it burns. These EV battery-friendly states have been front and center in a Republican-organized movement to protect fossil energy stakeholders from competition by throwing up
Clifford also takes note of a Federal Reserve Bank report last year, which reported a total of more than $40 billion in planned investments for the North American electric vehicle battery buildout.Adding to the burning irony is the overlap between the electric vehicle battery race and states withAbout 28 states have laws on the books that restrict the ability of unions to organize, with the aim of driving down labor costs and attracting manufacturers.
“SK already has a $2.6 billion battery plant in Commerce, northeast of Atlanta, with more than 2,000 workers,” Jeff Amy reported, noting that the Commerce plant also makes EV batteries for Ford and Volkswagen.On its part, LG Energy Solution is happy to promote Georgia as an epicenter of the decarbonization trend.
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