The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars.
Category: LG Energy Solution
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After an ICE Raid in Rural Georgia, Hyundai Keeps Betting on America
The revival of America’s industrial base is happening amid pine forests and peanut farms. And it’s being led by a South Korean company.
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Hyundai I.C.E. Raid Detained Workers With Shor-Term Business Visas
Last week’s immigration operation at a battery plant highlighted a tactic that companies use to bring in foreign workers to establish new operations.
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Raid on Georgia E.V. Battery Plant Raises New Risks for a Shaken Industry
Foreign manufacturers were already dealing with tariffs and the end of E.V. tax credits. Now, they face greater scrutiny of their workers’ immigration status.
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Immigration Raid Exposes Tensions From Seoul to Washington to Rural Georgia
The raid at a Georgia plant being built with heavy investment from South Korea reveals strain as a rush to expand manufacturing in the United States clashes with an immigration crackdown.
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Immigration Raid on Hyundai-LG Plant in Georgia Rattles South Korea
The shocked but subdued reaction to the arrest of hundreds of Koreans at the site reflected the delicate position of a government engaged in tense trade talks with the Trump administration.
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South Koreans Are Among Hundreds Detained in Immigration Raid at Hyundai E.V. Plant
Executives of a South Korean battery maker were apprehended at a construction site in Georgia, the company said. The episode prompted diplomatic concern in Seoul.
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U.S. Proposes Steep Tariffs on Critical E.V. Battery Material
The Commerce Department plans to impose a 93.5 percent levy on Chinese graphite, an essential ingredient in the batteries that power electric vehicles.
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G.M. Will Sell Stake in EV Battery Plant to LG
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.
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Why GM’s Mary Barra Still Believes in EVs, Despite Slow Sales
Mary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.