Hyundai Motor's CEO announces a new Georgia plant focused on EV production, set to complete by Q4 2022.

Hyundai Motor's CEO announces new Georgia plant prioritizes EV production, despite fluctuating market demand, set to complete by Q4 2022. Hyundai Motor Group Metaplant America (HMGMA) will also produce hybrid vehicles, aligning with Georgia's strong business ties with Korean companies like Hyundai, SK, Hanwha, and LG. A joint battery plant with SK On is also being built with a capacity of 35 gigawatt hours.

June 17, 2024
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