$205 million EV battery plant planned for Montgomery

Hyundai Mobis will supply batteries to Hyundai, Kia

The new battery plant will supply batteries for the new Hyundai Santa Fe HEV, a hybrid electric vehicle. A $205 million EV battery module plant in Montgomery will supply more than 200,000 EV batteries annually to Hyundai Motor Manufacturing Alabama in Montgomery and the Kia Georgia plant. The 450,000-square-foot facility for Hyundai Mobis would also…

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