Hyundai plans new, swanky home in the US

Hyundai lays foundation stone for its first EV-only plant in the country

Hyundai is investing $5.5 billion in the facility, plans to open it by 2025

The facility will employ 8,100 people, roll out 3 lakh units each year 

Ioniq 5 is currently the mainstay of Hyundai in the US

Newer models like Ioniq 6 and others too would be manufactured here

Can Hyundai fight rivals in EV battle from its new home?
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