The automotive major aims to begin commercial production at the new manufacturing facility in the first half of 2025 with an annual capacity of 300,000 units
Hyundai Motor begins construction on its EV and battery manufacturing plant in Georgia. (Credit: Hyundai Motor Company)
Hyundai Motor Group has broken ground on its new $5.54bn electric vehicle (EV) and battery manufacturing plant dubbed Metaplant America at the Bryan County Mega site in Georgia, US.
The agreement with the Georgia government to construct the manufacturing facilities in the country was signed by the South Korean automotive manufacturer in May 2022.
Hyundai Motor aims to begin commercial production at the new manufacturing plant in the first half of 2025 with an annual capacity of 300,000 units.
Hyundai Motor Group executive chair Euisun Chung 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 recognised 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.”
In the new EV and battery manufacturing plant, the company intends to optimise all processes of production, order collection, procurement, and logistics by leveraging artificial intelligence (AI) and data.
Hyundai Motor Group Metaplant America is expected to generate over 8,100 jobs in the next few years as the company builds a stable supply chain for EV battery and other EV components in the American market.
The automotive major targets to sell 3.23 million fully electric vehicles per year by 2030.
Georgia Governor Brian Kemp said: “With more Georgians working than ever before, record jobs and investment coming to all parts of our state, and award-winning workforce development programs and infrastructure, the Peach State’s economy is reaching new heights.
“Our partnership with Hyundai Motor Group and the groundbreaking of this innovative facility exemplifies that unprecedented success. With a long-term commitment to improving lives and livelihoods, we look forward to continuing this partnership and seeing its impact on both this community and our state as a whole.”