Hyundai Opens $7.6B Georgia EV Plant, Announces Major Expansion

The state-of-the-art facility marks the start of U.S. production for Hyundai's Ioniq 9 while planning to ramp up capacity and add hybrid models by 2026.

Hyundai's new Georgia plant begins production of the Ioniq 5 and Ioniq 9, its first three-row electric SUV, with an initial capacity of 300,000 vehicles annually.
The company plans to increase production to 500,000 vehicles per year by 2026, including hybrid models to address evolving market demand.
Hyundai's $21 billion U.S. investment strategy includes a $6 billion steel plant in Louisiana and aims to create over 100,000 direct and indirect jobs.
The plant incorporates advanced technologies like AI, robotics, and real-time data systems, optimizing efficiency and sustainability.
The opening coincides with new U.S. tariffs on imported vehicles, which Hyundai seeks to mitigate through localized production in America.