Hyundai to build $5.5 billion EV and battery plant in the US

Georgia will be home to Hyundai's first dedicated EV plant and battery manufacturing facility in the United States, the company announced Friday.

Hyundai is investing almost $5.5 billion into the EV plant in Bryan County, Georgia, creating 8,100 new jobs.

The plant expects to reach a capacity of 300,000 units a year when it begins commercial production in the first half of 2025. The facility plans to break ground early next year.

The plant will take up almost 3,000 acres in Bryan County, which is located approximately 30 miles from the Port of Savannah.

P.S: Kia's manufacturing hub is already in West Point, Georgia, about 275 miles away.