article thumbnail

Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia

Green Car Congress

Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings.

Georgia 320
article thumbnail

Hyundai Motor Group and LG Energy Solution to invest additional $2B in Georgia battery manufacturing JV

Green Car Congress

Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3 This expansion will create another 400 new jobs. Earlier post.) Earlier post.)

Georgia 282
article thumbnail

Hyundai Motor Group and SK On to build EV battery facility in Bartow County, Georgia

Green Car Congress

Georgia Governor Brian P. Kemp announced that Hyundai Motor Group (HMG) and SK On have selected a site in Bartow County for a new electric vehicle (EV) battery manufacturing facility that will supply Hyundai Motor Group’s plants in the US. Earlier post.).

Georgia 199
article thumbnail

Hyundai moves up production start date at Georgia Metaplant

Teslarati

Hyundai has pushed forward its production start date at an upcoming plant in Georgia, with the automaker now aiming to start manufacturing electric vehicles (EVs) at the site later this year. Georgia is like a second home to us,” said José Muñoz, Hyundai President and Global COO. “On Hyundai allegedly rushing construction on $7.6B

Georgia 109
article thumbnail

Hyundai Mobis to invest $926M in EV systems plant in Georgia

Green Car Congress

The EV Power Electric system plant will expand Hyundai Mobis’ current footprint in Georgia. Hyundai Mobis has operated a manufacturing facility with almost 1,200 employees in West Point since 2009 as the largest Tier 1 supplier to Kia Georgia. billion in investment and announced more than 18,100 jobs in Georgia.

Georgia 186
article thumbnail

Hyundai steps up Georgia EV production to fall 2024

Green Car Reports

billion manufacturing complex near Savannah, Georgia, dubbed the “Metaplant.” ” The move is prompted by what the Hyundai Motor Group has called the inherent unfairness of the Inflation Recovery Act to companies relying. Hyundai’s top U.S.

Georgia 149
article thumbnail

Hyundai breaks ground on training center in Georgia

Teslarati

Hyundai recently broke ground on its training center in Georgia. The Hyundai Mobility Training Center is operated by Georgia Quick Start. Georgia Quick Start will train employees for the Hyundai Motor Group Metaplant America (HMGMA) and affiliate companies, including Mobis, Clovis, and Tansys.

Georgia 98