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Hyundai and LG move forward with US battery plant despite months of delays from ICE investigation

Semafor TechApr 15, 20261 min read
Hyundai and LG move forward with US battery plant despite months of delays from ICE investigation

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3 Key Points

  1. Hyundai CEO José Muñoz has made the United States one of his three top priorities for the company

  2. The joint Hyundai-LG battery manufacturing facility faced significant monthslong delays following an ICE (U.S. Immigration and Customs Enforcement) raid

  3. The plant is now opening despite previous setbacks, signaling Hyundai's commitment to expanding EV battery production in America

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