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Hyundai Motor turns to robotaxis as U.S. EV demand slows, to produce at Georgia plant

Hyundai Motor is nurturing robotaxis as a new source of demand as U.S. electric vehicle demand slows. It plans to produce tens of thousands of Ioniq 5 robotaxis for Waymo at its Georgia plant. CEO Jose Munoz called robotaxis the biggest new opportunity for its EV business and said Hyundai is boosting the use of existing assets. Hyundai has adjusted production at its Savannah-area plant, reducing EV output and increasing hybrids while diverting EV capacity to robotaxis.