G.M. and other automakers will jointly spend at least $1 billion to build a North American network of electric vehicle chargers.
The companies will jointly spend at least $1 billion to build a North American network in an effort to persuade more people to buy battery-powered cars and trucks.
The facility is the second battery project under development in the state by Hyundai Motor Group and may bring 3,000 jobs.
Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500.
Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.
The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
Foreign-made cars no longer qualify. Tesla and G.M. should become eligible again. But officials are still working on the fine print.
Hyundai’s huge new plant outside Savannah could be a model for bipartisanship and a central achievement for Raphael Warnock, whose biggest efforts otherwise fell short. But Republicans aren’t giving him credit.
A scarcity of semiconductors and raw materials held back production, but buyers remain enthusiastic.