financetom
Business
financetom
/
Business
/
Hyundai battery plant faces at least 2-3 month delay following raid, CEO says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hyundai battery plant faces at least 2-3 month delay following raid, CEO says
Sep 11, 2025 9:13 AM

DETROIT, Sept 11 (Reuters) - A battery plant co-owned by

Hyundai Motor ( HYMLF ) is facing a minimum delay of two to

three months following an immigration raid last week, Hyundai's

CEO Jose Munoz said Thursday.

The Georgia plant, which is operated through a joint-venture

between Hyundai and South Korea's LG Energy Solution

, was at the center of the largest single-site

enforcement operation in the U.S. Department of Homeland

Security's history.

Munoz, in his first public comments since the raid, said he was

surprised when he heard the news and immediately inquired if

Hyundai workers were involved. He said the company discovered

that the workers at the center of the raid were mainly employed

by suppliers of LG.

It is typical for an automotive battery plant to employ these

workers as it's getting off the ground, Munoz said.

"For the construction phase of the plants, you need to get

specialized people. There are a lot of skills and equipment that

you cannot find in the United States," Munoz said, on the

sidelines of an automotive event in Detroit.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved