President Biden on Sunday said electric vehicles (EVs) are good for climate, jobs and businesses, highlighting Hyundai’s announcement that the automotive manufacturer will spend more than $5 billion to build an EV plant near Savannah, Georgia. During remarks in Seoul, South Korea alongside Hyundai Motor Group Chairman Chung Eui-sun, Biden noted the U.S.’s climate goal for electric vehicles and emphasized his administration's commitment to achieving the objective. “Last year, standing together with the CEOs of major American manufacturers, along with the CEO and the head of the United Auto Workers, I signed an executive order setting a goal of having 50 percent of all new vehicles sold
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