“Most large businesses will wait at least 4 years before making huge investments to see what the next election will bring.”
Announced investments have time commitments.
This announcement by Hyundai has a plan for all plants opened & enlarged by 2028. Hyundai isn’t waiting 4 years...
South Korean carmaking giant Hyundai has unveiled $21bn (£16.3bn) of investment in the US just days before President Donald Trump is set to impose new tariffs on trading partners. The plan includes a new $5.8bn steel plant in the southern state of Louisiana.
Hyundai also said it will expand its American vehicle production and invest billions of dollars in new technology including autonomous driving and artificial intelligence (AI). Hyundai said the new steelmaking facility will produce more than 2.7 million metric tons of steel a year and create more than 1,400 jobs.It is expected to make steel for Hyundai’s plants in Alabama and Georgia.
The announcement also included plans to invest $9bn to boost the firm’s production in the US to 1.2 million vehicles a year by 2028.
https://www.bbc.com/news/articles/cgkmvdz144vo
This is an example of a build announced in 2022 opened in early 2025.
“We heard the clarion call of [the Biden] administration to hasten the adoption of new electric vehicles and reduce carbon emissions,” José Muñoz, then the CEO of Hyundai Motor North America, said in 2022.
But at the plant’s grand opening last week, as executives and politicians praised Hyundai’s multibillion investment in the region, the thousands of jobs that come with it, and the plant’s advanced manufacturing technology, something was conspicuously missing from all the speeches. The article goes on to say that rather than EV the plant is making hybrids.