During President Biden's visit to Korea, Georgia Governor Brian Kemp plans to invest $7 billion in Hyundai Motor's plant, the Associated Press reported on the 12th.
Kurt Campbell, White House NSC Indo-Pacific Coordinator, said on the 11th that "Korea believes they want to talk to the United States about trade and will want to discuss U.S. investment." “It is essential,” he said, linking the North Korean strategy to the containment of the South Korean economy to advance into ASEAN.
The AP, citing US officials, said Hyundai's investment would create 8,500 jobs.
Savannah Morning News, a Georgia local newspaper, reported on a photo of a 2284-acre (2.7 million pyeong) site in Bryan County as the site of a Hyundai Motor plant.
Hyundai Motor Group started operating Hyundai Motors’ Alabama plant in 2006 and Kia Motors’ Georgia plant in 2009 to establish a supply chain for parts in Georgia.
The Chosun Ilbo reported on the 12th that Hyundai has discontinued its longest-lived national car, the Sonata.