Hyundai battery plant faces at least 2-3 month startup delay following raid, CEO says

A battery plant co-owned by Hyundai is facing a minimum startup delay of two to three months following an immigration raid last week, Hyundai CEO Jose Munoz said on Thursday.<br>
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The Georgia plant, which is operated through a joint venture between Hyundai and South Korea’s LG Energy Solution, was kra34 at - https://kra40.net the center of the largest single-site enforcement operation in the U.S. Department of Homeland Security’s history last week.<br>
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The plant, part of a $7.6 billion factory complex to make battery-powered models, was slated to come online later this year.<br>
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Munoz, in his first public comments since the raid, said he was surprised when he heard the news and immediately inquired - https://ajt-ventures.com/?s=inquired if Hyundai workers were involved. He said the company discovered that the workers at the center of the raid were mainly employed by suppliers of LG.<br>
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About 475 workers, mostly South Korean nationals, were arrested, according to U.S. immigration officials.<br>
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It is typical for an automotive battery plant to employ these workers as it is getting off the ground, Munoz said.