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Hyundai’s $5.5 Billion EV Plant in Georgia Nears Full Foundation Completion

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Hyundai Motor America announced the progress of its first U.S. electric vehicle assembly and battery plant on the first anniversary of its groundbreaking on October 25, 2023. Hyundai began the construction of a $5.5 billion electric vehicle and battery plant in Bryan County, Georgia, on October 25, 2022. Exactly one year later, Hyundai revealed that 99.9% of all foundation work had already been completed.

The company added that approximately 2,000 construction workers are striving to get the 3,000-acre site operational as quickly as possible.

The process has seen about 81% of the steel frame installed, and the construction of the roof, floor, and walls has already begun. Architects emphasized integrating the latest technology and design features to represent Hyundai’s brand identity, the Savannah area, and renewable energy.

The solar car park at the front will supply 5.2MW of energy. The solar panels cover 1,878 parking spaces to protect vehicles while generating power. Hyundai announced that once mass production begins, which is expected in early 2025, all electricity will come from 100% renewable energy sources.

Once operational, the factory will employ 8,500 workers through its battery joint venture with LG Energy Solution and on-site suppliers, HMGMA. Including external suppliers, 14,476 people are expected to be used.

Hyundai initially planned to break ground in early 2023 but moved up the schedule after an inflation reduction measure passed last August.

Earlier this week, Hyundai also announced plans to build a new electric vehicle production plant in Saudi Arabia in partnership with Saudi PIF. This plant will produce both internal combustion engines and electric vehicles.

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