{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/hyundai-to-invest-7-4b-in-us-ev-production/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Hyundai to invest $7.4B in US EV production","slug":"hyundai-to-invest-7-4b-in-us-ev-production","createdLocal":"2021-05-14 14:31:11.901317","publishDate":"None","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://www.cnet.com/roadshow/news/hyundai-to-invest-7-4b-in-us-ev-production/"},"postSummary":{"childMarkdownRemark":{"html":"<p>HyundaiHyundai and Kia already have a decently sized manufacturing footprint here in the US, but that footprint is about to get much bigger with the investment of $7.4 billion in domestic electric vehicle production, Hyundai announced on Thursday.\nThe first phase of the plan tied to that investment will be the start of EV production in the US by 2022.\nAnother critical component of Hyundai's manufacturing investment is its commitment to dramatically expanding America's hydrogen filling station network.\nRight now, the vast majority of hydrogen stations are located in California, but if hydrogen becomes more widely available, then the Nexo and other hydrogen vehicles can be sold nationwide.\nHyundai and Kia claim that they will produce a whole suite of electric vehicles in the US, though the announcement wasn't specific as to what those vehicles will be.</p>"}}}},"pageContext":{"slug":"hyundai-to-invest-7-4b-in-us-ev-production"}}}