Hyundai Motor to invest nearly $450 million to expand its Alabama plant in the United States

On October 28 local time, Hyundai Motor Manufacturing Alabama, the U.S. manufacturing subsidiary of Hyundai Motor, announced plans to invest approximately US$450 million to expand its Alabama plant. The investment will expand the plant's engine capacity to support more types of powertrains, including power systems designed specifically for hybrid vehicles and extended-range electric vehicles. HMMA will also upgrade its production facilities to accommodate Hyundai Motor's upcoming new models, including the all-new Tucson SUV, which is scheduled to go into production at the end of this year, and the facelifted Santa Fe SUV.