Hyundai electric vehicle factory to be built in Georgia

ELLABELL, Ga. — South Korean automotive giant Hyundai Motor Group on Friday confirmed plans to build a multi-billion-dollar electric vehicle assembly and battery plant in Bryan County near the Georgia coast.

In a ceremony at the factory site near Savannah with Gov. Brian Kemp, company officials outlined sprawling future operations on nearly 3,000 acres along I-16. Hyundai plans eventually to hire about 8,100 people and invest $5.54 billion in one of the state’s largest-ever economic development recruitments. The project is part of Hyundai’s plan to invest $7.4 billion in the U.S. by 2025 to expand EVs and “smart mobility” services.

“As one of the world’s most successful and advanced mobility leaders, we are incredibly proud to share our plan to open our first dedicated full EV and battery manufacturing facilities in the U.S.,” Hyundai Motor Group Executive Chair Euisun Chung said in a news release.

Hyundai officials said they will break ground on the new facility in 2023 and begin production in 2025.