EV Shockwave: US Raid Hits Korean Giants Hyundai, LG
Update: 2025-09-08
Description
US Immigration Raid Shocks South Korean Giants: A Georgia raid at a Hyundai and LG EV battery plant detaining hundreds of undocumented workers sends shockwaves through South Korea, threatening billions in US investments. With production delays, travel bans, and warnings from Samsung, is America becoming too risky for Korean companies? Investors worry as stricter immigration enforcement jeopardizes EV supply chains and prompts diplomatic intervention.
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