790,000 Jobs, $160 Billion GDP: Shocking Costs Of Inflation Reduction Act Repeal

by Silvio Marcacci
Forbes

In 2022, Hyundai announced it was investing $5.5 billion to build a “Metaplant” manufacturing electric vehicles and batteries in Bryan County, Georgia. It promised more than 3,500 good-paying jobs first building the massive manufacturing facility, then making electric vehicles that cut consumer bills by providing cheaper transportation choices.

“This is the largest investment in the state of Georgia’s history, one that will diversify and expand our economy while providing strong job opportunities for Georgians today and for generations to come,” said Congressman Buddy Carter (GA-1).

When the Metaplant opened in October 2024, months ahead of schedule, it started shipping Hyundai Ioniq 5 EVs, the fourth-best selling EV in America. It also started generating millions in salaries, tax revenue, and economic activity across Southeast Georgia.

Continue Reading at Forbes.com…

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