US immigration raid delays Hyundai's $5B Georgia battery plant by months
Hyundai Motor Group (HMG) has warned that a US immigration raid will push back the opening of its electric vehicle battery plant in Georgia. The delay could last up to three months, affecting a project originally set for completion by late 2025. The incident has also sparked calls for improved visa rules for foreign investors bringing skilled workers into the country. US immigration authorities recently detained 475 people in Georgia, including 300 South Korean automotive specialists. Those arrested have since been repatriated to South Korea. The raid has disrupted construction at HMG's battery plant, a joint venture with SK On Company.
To manage the setback, HMG will temporarily source batteries from other regional facilities. CEO Jose Munoz confirmed this plan while reaffirming the company's long-term commitment to the US market. Over 1.7 million Hyundai, Kia, and Genesis vehicles were sold in America last year alone. Munoz also urged Seoul and Washington to create a smoother visa system for foreign investors needing short-term skilled labour. The call comes as South Korea pledges to invest $350 billion in the US over the medium term. Despite the delay, HMG insists its US expansion remains a top priority.
The Georgia plant's completion is now expected to slip by several months. HMG will rely on alternative battery supplies until operations resume. Meanwhile, the incident highlights ongoing challenges for foreign firms navigating US immigration policies.
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