Hyundai CEO Says US Apologized Over ICE Raid on Battery Factory

Hyundai Motor Co. Chief Executive Officer José Muñoz said the South Korean automaker received an apology from the US for an immigration raid that’s delayed construction at its Georgia battery plant, and that the company will press ahead with expansion plans in America.

The September incident, which saw federal agents detain 475 workers, mostly Korean, at a Hyundai-LG Energy Solution Ltd. facility, was a “bad surprise,” Muñoz told the Bloomberg New Economy Forum in Singapore. But it hasn’t dented Hyundai’s commitment to investing in the US, he said, adding the carmaker will double down on its plan.

“We cannot ...