Hyundai Motor Group is advancing its plans to expand its Georgia plant, investing $2.7 billion to increase production capacity to 500,000 vehicles annually. This follows a delay caused by immigration-related issues that affected the startup of an electric car battery plant, now set to open in the first half of 2026.
Initially announced in March, the expansion aims to boost Hyundai’s investment in the U.S. to a total of $10.3 billion. The company plans to manufacture over 80% of vehicles sold in the U.S. by 2030, with a focus on electric and hybrid models.
Despite immigration raids leading to questions about foreign investment, Hyundai remains committed to Georgia, where it currently has 3,129 employees and intends to hire 8,500 by 2031. Georgia officials, including Governor Brian Kemp, have expressed confidence in the state’s attractiveness to foreign businesses. The expansion is part of Hyundai’s broader target to produce 5.6 million units annually by 2030, with 60% being electric or hybrid vehicles.
Source link


