Daechang Seat has committed investment to localise the supply of seats to Hyundai’s forthcoming EV plant in the US state of Georgia
The carmaker is eager to get the site up and running to take advantage of the incentives for localised EV manufacture offered by the US government’s Inflation Reduction Act (IRA). The IRA provides tax credits that save EV buyers up to $7,500 on EVs made in North America with batteries that are locally supplied.
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