Hyundai’s new EV plant in Georgia is now up and operating. The huge $7.6 billion facility was in-built simply two years as the corporate preps for brand spanking new US-made electrical fashions just like the upgraded 2025 IONIQ 5 and its new three-row IONIQ 9. A cool new video from area exhibits simply how shortly Hyundai labored to open the power.
Watch Hyundai’s new EV plant go up from area
Manufacturing formally started on the new Hyundai Motor Group Metaplant America (HMGMA) in Bryan County, Georgia final month.
The accomplishment comes after Hyundai broke floor on the website in October 2022. In Could 2022, Hyundai introduced plans to construct its first devoted EV plant within the US to satisfy new necessities for the federal EV tax credit score, which supplies as much as $7,500 for clear automotive purchases.
Hyundai fast-tracked development on the plant because it appeared to achieve an edge within the US, its most necessary market. The corporate’s preliminary $5 billion funding become a whopping $7.6 billion.
In line with a research from the Heart for Automotive Analysis, Hyundai’s EV plant will assist create over 58,200 new jobs whereas attracting over $12.6 billion in investments in Georgia. Final month, the corporate secured its 18th provider because it builds out an intensive US community.
A brand new video from space-based intelligence firm BlackSky exhibits a formidable timelapse of the development.
You’ll be able to see the huge facility go up in simply two years as Hyundai appears to be like to safe a management function within the US auto business.
Hyundai’s new EV plant will straight make use of 8,500 employees to construct as much as 300,000 EVs per 12 months. The primary car that rolled off the meeting line was the refreshed 2025 IONIQ 5.
The upgraded 2025 Hyundai IONIQ 5 now options much more vary (318 miles), a glossy new fashion, and it even comes with an NACS plug so you’ll be able to cost at Tesla superchargers. The bottom, 2025 IONIQ 5 SE RWD Commonplace Vary mannequin, begins at simply $42,500.
Final week, after unveiling its first three-row electrical SUV, the IONIQ 9, Hyundai confirmed it might even be constructed at its Georgia facility.
Regardless of President-Elect Trump’s transition staff reportedly planning to finish the $7,500 EV tax credit score, Hyundai is assured within the firm’s future.
On the LA Auto Present, the corporate’s newly electrical CEO, Jose Munoz, mentioned in an interview, “Hyundai didn’t construct our funding plan primarily based on incentives; the plan was even made earlier than Trump’s time period.” Munoz defined even with out the credit score now, Hyundai remains to be gaining market share.
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