Why Jose Muñoz thinks Hyundai is in ‘crisis mode’

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Hyundai is making large EV investments in the U.S. with its $5.5 billion Metaplant, under construction near Savannah, Ga. Six battery-powered models will be built at the complex, which will have the capacity to churn out 300,000 EVs to start.

The dedicated EV factory will build vehicles for the Hyundai, Kia and Genesis brands, as well as EV batteries and eventually scale up for capacity to produce up to half a million vehicles a year.

The plant is expected to open in the fall of…

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