Hyundai is creating 8,100 new jobs by investing nearly $5.5 billion in an electric vehicle plant in Bryan County, Georgia.
The plant is expected to reach 300,000 sheets per year when commercial production begins in the first half of 2025. The plant is expected to start construction early next year.
Hyundai Motor plans to operate the battery plant as a ‘strategic partnership’, and details will be revealed later. We will also be announcing which car models will be produced at the factory later.
In a statement, Hyundai Motor said, “Through this battery manufacturing facility, our goal is to establish a stable supply chain and establish a healthy electric vehicle ecosystem in the United States.”
The plant will occupy nearly 3,000 acres in Bryan County, about 30 miles from the port of Savannah. Kia’s manufacturing hub is already located in West Point, Georgia, about 275 miles away. Hyundai said it chose Georgia because of “speed to market, talented workforce, and existing network.”
Georgia Governor Brian Kemp, along with company executives, attended the official signing ceremony in Brian County.
“The United States has always been an important part of the group’s global strategy,” Hyundai Motor Group Chairman Chung Eui-sun said in a statement. said declaration.
— CNN’s Rachel Ramirez and Anna Cooban contributed to the report.