Hyundai Motor Group starts construction on $5.5bn EV and battery manufacturing plant in US

Hyundai Motor Group has commenced construction of an electric vehicle (EV) and battery manufacturing plant in the US, with a total investment of $5.54 billion.

Revealed five months ago, the investment will involve building Hyundai Motor Group Metaplant America’s new manufacturing plant at the Bryan County Mega site.

Mainly powered by renewable energy, the new smart factory in Georgia is anticipated to begin commercial production in the first half of 2025. It will be an intelligent manufacturing plant with all processes of production to be optimized with artificial intelligence (AI) and data.

It will include facilities to manufacture a range of innovative Hyundai, Genesis, and Kia electric vehicles (EVs) as well as a new battery manufacturing plant.

The investment is expected to result in creating more than 8,100 jobs over the next few years, as the Hyundai Motor Group Metaplant America intends to create a stable supply chain for EV battery and other EV components in the US.

Hyundai Motor Group begins construction on $5.5bn EV and battery manufacturing plant in US. Photo courtesy of Hyundai Motor Company.

Chair Euisun Chung — Hyundai Motor Group Executive said: “Hyundai and the people of Georgia share many qualities: respect for our histories, ingenuity, creativity, and determination to make the world better for the next generation.

“Today, our EVs are recognized as best in class, and with this partnership, we are determined to be the global leader in electrification, safety, quality, and sustainability. With the Hyundai Motor Group Metaplant America, we will continue to evolve beyond an automaker to the world’s leading mobility solutions provider.”

The new EV and battery manufacturing plant is expected to enable Hyundai Motor Group to become a major player in the EV transition in the US auto market.

In addition, the investment is anticipated to help the company in maintaining position as one of the top three EV providers in the North American country.