EV Industry Updates: Hyundai and Tesla Navigate Changes

Hyundai's commitment to electric vehicle innovation is showcased as its first EV is on track to roll off the production line at the newly constructed $7.6 billion Metaplant in Georgia later this year The facility is a strategic response to the Biden administration's initiative for boosting domestic production and advancing a sustainable future However, concerns linger as Hyundai braces for potential policy shifts with Donald Trump's election promises to end EV mandates, which could jeopardize progress. Meanwhile, in other EV news, Tesla's Cybertruck has received homologation in Canada, signaling further expansion in North America Nonetheless, Tesla has announced a delay of up to one year for the launch of its Optimus robot, adjusting timelines for its ambitious projects.