The facility will be South Korean automaker's first new plant in its home country in 29 years.
Almost half of respondents to a recent S&P Global survey say prices are excessively high.
Poll finds many place significant importance on charging stations’ safety when it comes to deciding whether to go electric.
State leading country as a whole in the dust on adoption.
There will be 106,000 chargers, including 11,800-plus fast-charging stations.
Says Tesla price cuts, higher repair cost affecting its bottom line.
CFO calls electric-vehicle market ‘brutal.’
The brand said it will invest $3.17 billion to launch eight models globally, including five in high-value segments.
News comes one year after automakers agreed to a $5 billion effort to inject more affordability into the electrified market.
Pulls out of production in China while investing in Renault’s EV unit.
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