Hyundai targets US electric market: $5.54 billion plant

Hyundai Group Growth Plan It also passes through electricity for the United States. In fact, the Korean company opened a construction site New production facility Hyundai Motor Group Metaplant America at the huge Bryan County (Georgia) site. On this site will be produced Hyundai, Genesis and Kia electric vehicles In addition to the batteries. Commercial production is scheduled to begin in mid-2025.

The new factory will also have a positive impact on the local economy since then It will employ about 8100 people. For this project, they will be $5.54 billion was invested. Part of this amount will be borne by some of the partners of the Korean group.

Hyundai and the people of Georgia share many traits: respect for history, creativity, creativity, and a determination to make the world a better place for future generations. Today our electric vehicles are recognized at the forefront of the market, and thanks to this partnership, we are determined to become global leaders in electrification, safety, quality and sustainability. With Hyundai Motor Group Metaplant America, we will continue our transformation from a simple automaker to the world’s leading mobility solutions provider.

300,000 electric cars annually

For this new plant, the Hyundai group will use all the most advanced technologies. The Georgia factory will become a smart manufacturing facility: all manufacturing, order picking, purchasing, logistics, and manufacturing processes will be optimized using data and artificial intelligence.

Moreover, with the aim of sustainability, the factory It will mainly depend on renewable energy sources Emission reduction technologies will be used to meet RE100 requirements. Once fully operational, they will go from this factory to It produces 300,000 electric cars every year. At the moment, we don’t know yet which models will be produced at the new plant even if it should always be based on the E-GMP platform. Hyundai has only confirmed that, initially, it will be possible to manage 5 different models inside the factory.

This new production site will be very important to the Korea Group’s growth strategy in the electricity sector. The goal is to sell 3.23 million fully electric vehicles annually by 2030. With additional electric vehicle and battery manufacturing capabilities in the United States, the group intends to maintain its position among the top three electric vehicle manufacturers in the United States.

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