Automotive

Hyundai Investing $5.5B In Georgia

Hyundai sees Rivian’s bet in Georgia and raises them a thrown gauntlet.
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Hyundai Investing $5.5B In Georgia

As part of a $10B investment plan in US production, Hyundai Motor Group will invest $5.5B in EV and battery manufacturing in Savannah, Georgia. The investment will begin constructing the company's first US EV plant in early 2023. Production at the almost 3,000-acre plant will start in early 2025. 

Fully operational. Once the site reaches completion, it will employ over 8,000 people and produce 300K vehicles a year.

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