A factory building is under construction at Hyundai’s first U.S. plant for manufacturing electric vehicles on Wednesday, Oct. 25, 2023, in Ellabell, Ga. Hyundai and battery-making partner LG Energy Solution are investing $7.6 million in the sprawling plant site west of Savannah, Ga., where the companies plan to make 300,000 electric vehicles and the batteries that power them each year. A crane lowers materials onto a building under construction at Hyundai’s first U.S.
“The site is advancing every day as we work diligently to complete this amazing project,” Hyundai Motor Group Metaplant America CEO Oscar Kwon told reporters visiting the site Wednesday. “We are on track to start production in early 2025 — or, as my boss Jose Munoz likes to say, if not sooner.”to take advantage of federal incentives that reward domestic production of EVs. He said it’s possible the plant could open before the end of next year.
The plant is being built parallel to Interstate 16 on a site that covers more than 2,900 acres . Hyundai says it will build 300,000 EVs each year at the plant. The site will also manufacture batteries to power those vehicles in a partnership between Hyundai and LG Energy Solution.