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Hyundai Motor Group plans $21 billion investment to drive U.S. manufacturing growth

Since entering the U.S., Hyundai Motor Group has invested $20.5 billion in the U.S.

Hyundai announces investments in US vehicle production, supply chain and logistics - Celerity Supply Chain Tribe

Hyundai Motor Group Metaplant America (HMGMA) hosted its Grand Opening celebration, as part of Hyundai Motor Group’s commitment to and investment in the U.S. 

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

On October 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.

Hyundai Motor Group commits to an additional $21 billion investment from 2025 to 2028 to drive U.S. manufacturing growth.  Since entering the U.S., Hyundai Motor Group has invested $20.5 billion in the U.S., creating directly and indirectly more than 570,000 American jobs.

“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 in Georgia,” said Euisun 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.”