Hyundai Motor Group Metaplant America Celebrates Grand Opening, Powering U.S. Economic Growth

• Hyundai Motor Group Metaplant America, the key pillar of the Group's$12.6 billioninvestment inGeorgiaand the largest economic development project in the state's history, is now open
• Vehicle assembly and battery plant will produce up to 500,000 electric and hybrid vehicles annually for Hyundai, Kia and Genesis brands
• Hyundai Motor Group commits to an additional$21 billioninvestment from 2025 to 2028 to drive U.S. manufacturing growth
• Since entering the U.S., Hyundai Motor Group has invested$20.5 billionin the U.S., creating directly and indirectly more than 570,000 American jobs

ELLABELL, Ga.,March 27, 2025/PRNewswire/ -- Hyundai Motor Group Metaplant America (HMGMA) today hosted its Grand Opening celebration, as part of Hyundai Motor Group's commitment to and investment in the U.S. The ceremony marks the completion of the largest economic development project in Georgia's history, just two and a half years after breaking ground.

"Hyundai Motor Group Metaplant America not only represents the Group's advanced manufacturing capabilities and commitment to innovation, but also our investment in relationships with our partners and communities right here inGeorgia,"saidEuisun Chung, Executive Chair of Hyundai Motor Group."With the rich history of craftsmanship and manufacturing in this community, together with the talented workforce at HMGMA we are building the future of mobility with America, in America."

The event was attended by Hyundai Motor Group Executive Chair Chung, GovernorBrian P. Kemp, U.S. RepresentativeBuddy Carter, Hyundai Motor Group Vice ChairJaehoon Chang, Hyundai Motor Company President and CEO José Muñoz, Kia Corporation President and CEOHo Sung Song, company officials, state and local leaders, HMGMA Meta Pro employees, and other distinguished guests.

"Hyundai Motor Group Metaplant America is a once-in-a-generation opportunity, made possible by our commitment to working with job creators to build fruitful partnerships for decades. Collaborations between HMGMA and Georgia's universities and technical colleges, includingGeorgia Quick Start'son-site training facility, are preparing Georgians for high-quality jobs of today and tomorrow, while our award-winning infrastructure, such as our ports connects companies to markets around the nation and globe,"said Governor Kemp during the event, highlighting the positive impact of the plant on the state's economy as well as its role in advancing innovative manufacturing and cultivating a skilled labor pool inGeorgia.

HMG entered into a landmark agreement with theState of GeorgiainMay 2022to establish a cutting-edge electric and hybrid vehicle production and battery manufacturing facility inEllabell, Georgia, located 20 miles outside of historic Savannah. ByJune 2022, HMGMA was officially formed, and within four months, the company broke ground on the project, setting an unprecedented pace for development.

OnOctober 3, 2024, less than two years after breaking ground, the first vehicle – a Hyundai IONIQ 5 – rolled off the assembly line, marking a new era for the Group's U.S. operations. Hyundai's IONIQ 9 three-row electric SUV is also now in production at HMGMA and will be joined in 2026 by the first Kia model to be built at the facility.

In addition to manufacturing electric vehicles for Hyundai, Genesis, and Kia, the plant is also equipped to produce hybrid vehicles. HMGMA has the capacity to initially produce 300,000 vehicles annually.

Investment and Economic Impact

The Group's investment inGeorgiarelated to HMGMA and joint battery ventures with LG Energy Solution and SK On is$12.6 billion. This represents the largest single investment in the state's history and includes a total of 8,500 jobs at HMGMA by 2031. The Group's total investments inGeorgiaare expected to create nearly 40,000 direct and indirect jobs, and$4.6 billionin individual earnings every year, according to the Center for Automotive Research.

As ofJuly 2024, more than$2.5 billion in capital investment and approximately 6,900 jobs have been announced by HMGMA suppliers in 12 counties across the state. This more than doubles the additional$1 billioninvestment by suppliers that was originally anticipated.

HMGMA exemplifies the Group's dedication to fostering economic growth, driving technological advancements, and delivering sustainable solutions to the U.S. market. To date, the Group has invested more than $20.5 billion in the U.S. in the service of these goals, creating or supporting over 570,000 jobs nationwide. 

Earlier this week, the Group announced a significant investment of$21 billionin the U.S. from 2025 to 2028;$9 billionwill be invested to establish an annual production capacity in the U.S. of 1.2 million vehicles. The Group plans to expand HMGMA's annual production capacity to a total of 500,000 units, an increase of 200,000 units from the original plan. In addition, the Group's existing U.S. production sites – Hyundai Motor Manufacturing Alabama and Kia Autoland Georgia – will also see improvements in production facilities.

SOURCE Hyundai Motor Group Metaplant America