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Hyundai upholds $26bn US investment pledge despite immigration raid in Georgia

South Korean group says it is still committed to making 80% of the cars sold in the US locally by the end of decade

Hyundai has upheld its $26bn investment pledge in the US in the wake of a large-scale immigration raid on its facilities in Georgia as the South Korean carmaker pledged to expand its hybrid offerings in response to Donald Trump’s anti-EV policies.

The arrests of hundreds of South Korean workers at the Hyundai-LG battery plant in Georgia had prompted warnings from South Korean President Lee Jae Myung that companies would be “more hesitant” about investing in America.

Hyundai on Thursday said it was still committed to making 80 per cent of the vehicles sold in the US locally by the end of the decade.

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