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Hyundai’s $7.6 billion EV plant in Georgia gained its 18th supplier as the automaker builds an extensive US supply chain. The plant, slated to open as early as next month, will produce US-made Hyundai electric vehicles, starting with its updated 2025 IONIQ 5.

Hyundai’s Georgia EV plant attracts its 18th supplier

Georgia Governor Brian Kemp announced that Shinsung Petrochemical will invest $11.2 million in a new manufacturing facility in Toombs County.

Shinsung, a leading auto sealant company, will be a key supplier for Hyundai’s new Metaplant in Bryan County.

“We are excited that Shinsung is joining that growing network of suppliers locating in rural communities,” Kemp said. The new facility, scheduled to open in 2025, will be the first in Toombs County, creating over 30 new jobs.

The company is the 18th supplier to invest in Hyundai’s new Georgia EV plant. Hyundai is investing $7.6 billion to develop the facility, directly creating 8,500 jobs in the state.

Another $5 billion EV battery plant with SK On is being built in Bartow County, GA, creating an additional 3,500 positions.

Hyundai-US-made-2025-IONIQ-5
Hyundai’s new 2025 IONIQ 5 Limited with a Tesla NACS port (Source: Hyundai)

EVs are creating jobs and attracting investments in GA

Since 2018, Georgia has attracted over $28 billion in investments to build electric vehicles, batteries, and other clean energy initiatives. The funding has already attracted over 36,000 new jobs.

According to a recent Center for Automotive Research study, Hyundai’s plant will create more than 58,200 new jobs while attracting over $12.6 billion in investments in Georgia.

Hyundai-2025-IONIQ-5-XRT
2025 Hyundai IONIQ 5 XRT (Source: Hyundai)

Hyundai will open the new facility as early as October. The first model to roll off the assembly line will be the updated 2025 IONIQ 5, which will have more range, a sleek new design, and a Tesla NACS charging port. Hyundai will also launch its first three-row electric SUV, the IONIQ 9, which will also be built at the facility.

Hyundai's-EV-plant-supplier
Hyundai IONIQ 9 (SEVEN) electric SUV concept (Source: Hyundai)

Although initially, vehicles built at the facility will only be eligible for a partial $3,750 tax credit, Hyundai expects its US-made EVs to qualify for the full $7,500 once the battery unit comes online.

Hyundai’s 2025 IONIQ 5 gained a new XRT variant for those looking to “play in the dirt and have all-electric adventures.”

2025 Hyundai IONIQ 5 powertrain Trim 2024MY Range New Range
(Targeted)
AWD Limited
SE/SEL
XRT
260 miles
260 miles
N/A
+250 to +280 miles
RWD SE/ SEL/ Limited
Se Standard Range
303 miles
220 miles
+310 miles
+240 miles
2025 Hyundai IONIQ 5 targeted range by trim

The rugged trim adds “XRT-exclusive” front and rear bumpers, side skirts, and other aggressive design elements.

After topping Ford and GM in US electric vehicle sales in the second quarter, Hyundai Motor (including Kia) looks to establish its position for the future. According to Motor Intelligence, Hyundai and Kia accounted for 10% of US electric vehicle sales in Q2, outpacing Ford (7.4%) and GM (6.3%).

With US production and advanced new EVs on the way, Hyundai wants an even bigger share of the market.

Source: Georgia Governor Brian Kemp, The Atlanta Journal-Constitution

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Europe’s wind power hits 20%, but 3 challenges stall progress

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Europe’s wind power hits 20%, but 3 challenges stall progress

Wind energy powered 20% of all electricity consumed in Europe (19% in the EU) in 2024, and the EU has set a goal to grow this share to 34% by 2030 and more than 50% by 2050.

To stay on track, the EU needs to install 30 GW of new wind farms annually, but it only managed 13 GW in 2024 – 11.4 GW onshore and 1.4 GW offshore. This is what’s holding the EU back from achieving its wind growth goals.

Three big problems holding Europe’s wind power back

Europe’s wind power growth is stalling for three key reasons:

Permitting delays. Many governments haven’t implemented the EU’s new permitting rules, making it harder for projects to move forward.

Grid connection bottlenecks. Over 500 GW(!) of potential wind capacity is stuck in grid connection queues.

Slow electrification. Europe’s economy isn’t electrifying fast enough to drive demand for more renewable energy.

Brussels-based trade association WindEurope CEO Giles Dickson summed it up: “The EU must urgently tackle all three problems. More wind means cheaper power, which means increased competitiveness.”

Permitting: Germany sets the standard

Permitting remains a massive roadblock, despite new EU rules aimed at streamlining the process. In fact, the situation worsened in 2024 in many countries. The bright spot? Germany. By embracing the EU’s permitting rules — with measures like binding deadlines and treating wind energy as a public interest priority — Germany approved a record 15 GW of new onshore wind in 2024. That’s seven times more than five years ago.

If other governments follow Germany’s lead, Europe could unlock the full potential of wind energy and bolster energy security.

Grid connections: a growing crisis

Access to the electricity grid is now the biggest obstacle to deploying wind energy. And it’s not just about long queues — Europe’s grid infrastructure isn’t expanding fast enough to keep up with demand. A glaring example is Germany’s 900-megawatt (MW) Borkum Riffgrund 3 offshore wind farm. The turbines are ready to go, but the grid connection won’t be in place until 2026.

This issue isn’t isolated. Governments need to accelerate grid expansion if they’re serious about meeting renewable energy targets.

Electrification: falling behind

Wind energy’s growth is also tied to how quickly Europe electrifies its economy. Right now, electricity accounts for just 23% of the EU’s total energy consumption. That needs to jump to 61% by 2050 to align with climate goals. However, electrification efforts in key sectors like transportation, heating, and industry are moving too slowly.

European Commission president Ursula von der Leyen has tasked Energy Commissioner Dan Jørgensen with crafting an Electrification Action Plan. That can’t come soon enough.

More wind farms awarded, but challenges persist

On a positive note, governments across Europe awarded a record 37 GW of new wind capacity (29 GW in the EU) in 2024. But without faster permitting, better grid connections, and increased electrification, these awards won’t translate into the clean energy-producing wind farms Europe desperately needs.

Investments and corporate interest

Investments in wind energy totaled €31 billion in 2024, financing 19 GW of new capacity. While onshore wind investments remained strong at €24 billion, offshore wind funding saw a dip. Final investment decisions for offshore projects remain challenging due to slow permitting and grid delays.

Corporate consumers continue to show strong interest in wind energy. Half of all electricity contracted under Power Purchase Agreements (PPAs) in 2024 was wind. Dedicated wind PPAs were 4 GW out of a total of 12 GW of renewable PPAs. 

Read more: Renewables could meet almost half of global electricity demand by 2030 – IEA


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Podcast: New Tesla Model Y unveil, Mazda 6e, Aptera solar car production-intent, more

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Podcast: New Tesla Model Y unveil, Mazda 6e, Aptera solar car production-intent, more

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss the official unveiling of the new Tesla Model Y, Mazda 6e, Aptera solar car production-intent, and more.

The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:

We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the podcast:

Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET):

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BYD’s new Han L EV just leaked in China and it’s a monster

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BYD's new Han L EV just leaked in China and it's a monster

The Chinese EV leader is launching a new flagship electric sedan. BYD’s new Han L EV leaked in China on Friday, revealing a potential Tesla Model S Plaid challenger.

What we know about the BYD Han L EV so far

We knew it was coming soon after BYD teased the Han L on social media a few days ago. Now, we are learning more about what to expect.

BYD’s new electric sedan appeared in China’s latest Ministry of Industry and Information Tech (MIIT) filing, a catalog of new vehicles that will soon be sold.

The filing revealed four versions, including two EV and two PHEV models. The Han L EV will be available in single- and dual-motor configurations. With a peak power of 580 kW (777 hp), the single-motor model packs more power than expected.

BYD’s dual-motor Han L gains an additional 230 kW (308 hp) front-mounted motor. As CnEVPost pointed out, the vehicle’s back has a “2.7S” badge, which suggests a 0 to 100 km/h (0 to 62 mph) sprint time of just 2.7 seconds.

BYD-Han-L-EV
BYD Han L EV (Source: China MIIT)

To put that into perspective, the Tesla Model S Plaid can accelerate from 0 to 100 km in 2.1 seconds. In China, the Model S Plaid starts at RBM 814,900, or over $110,000. Speaking of Tesla, the EV leader just unveiled its highly anticipated Model Y “Juniper” refresh in China on Thursday. It starts at RMB 263,500 ($36,000).

BYD already sells the Han EV in China, starting at around RMB 200,000. However, the single front motor, with a peak power of 180 kW, is much less potent than the “L” model. The Han EV can accelerate from 0 to 100 km/h in 7.9 seconds.

BYD-Han-L-EV
BYD Han L EV (Source: China MIIT)

At 5,050 mm long, 1,960 mm wide, and 1,505 mm tall with a wheelbase of 2,970 mm, BYD’s new Han L is roughly the size of the Model Y (4,970 mm long, 1,964 mm wide, 1,445 mm tall, wheelbase of 2,960 mm).

Other than that it will use a lithium iron phosphate (LFP) pack from BYD’s FinDreams unit, no other battery specs were revealed. Check back soon for the full rundown.

Source: CnEVPost, China MIIT

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