Biden touts Hyundai’s $5.5B pledge to build factory in Georgia – boosting GOP Gov. Brian Kemp
Biden makes more ‘ribbon cutting’ in South Korea by touting Hyundai’s new $5.5bn pledge to build an electric car factory in Georgia, boosting Governor Brian Kemp days before his primary against Trump-backed Perdue.
- President Joe Biden will kick off his final day in Seoul by promoting Korean automaker Hyundai’s announcement that it will invest $5.5 billion in Georgia.
- Overall, Hyundai’s new investment in the United States will total $11 billion, a senior White House official said.
- While it’s a victory for Democratic Georgia Senators Jon Ossoff and Raphael Warnock, it also gives Republican Gov. Brian Kemp a boost.
- Kemp faces former Trump-backed Sen. David Perdue on the Republican primary ticket Tuesday.
President Joe Biden will begin his last day in Seoul by praising Korean automaker Hyundai’s announcement that it will invest $5.5 billion to build an electric vehicle and battery plant in Georgia.
Overall, Hyundai’s new investment in the United States will total $11 billion, a senior White House official said in a call Sunday morning, with another $5.7 billion earmarked for advanced automotive technology.
While the top official praised the work of the state’s two Democratic senators, Jon Ossoff and Raphael Warnock, in helping close the deal, it’s also a victory for Georgia Republican Governor Brian Kemp, who is on the ballot on Monday. Tuesday.
Kemp is being challenged by former Republican Sen. David Perdue, who has been endorsed by former President Donald Trump, after Kemp allowed Biden’s 2020 election win in the Peach state to stand.
President Joe Biden will begin his final day in Seoul by praising Korean automaker Hyundai’s announcement that it will invest $5.5 billion to build an electric car plant in Georgia. He is pictured giving a toast at Saturday night’s state dinner with Korean President Yoon Suk Yeol.
Perdue lost her Senate seat to Ossoff in a pair of runoffs on January 5, 2021, shifting control of the Senate to the Democrats.
On Friday, while Biden was in Seoul, Hyundai Motor Company Chairman Jay Chang joined Kemp at the site of the future factory near Savannah.
A year ago, Georgia and local government partners spent $61 million to buy land where the plant will be built.
Kemp called the investment “the largest economic development project in our state’s history.”
“We are proud to welcome Hyundai Motor Group to Georgia as we forge an innovative future together,” he also said.
The effort is expected to create about 8,000 American jobs.
Ahead of Tuesday’s primary, Kemp has opened up a sizable lead over Perdue.
Wednesday’s Fox News poll had Kemp, who is seeking a second term, 32 points ahead of Perdue, who is backed by Trump.
The winner of the Republican primary will face Democrat Stacey Abrams on the November ballot.