Hyundai Motor Group has entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the US. The official signing ceremony was held in Bryan County, attended by Georgia Governor Mr Brian P Kemp and Hyundai Motor Company President & CEO Mr Jaehoon Chang. The new EV plant and battery manufacturing facilities represent an investment of approximately USD 5.54 billion. The new facility will break ground in early 2023 and is expected to begin commercial production in the first half of 2025 with an annual capacity of 300,000 units. The battery manufacturing facility will be established through a strategic partnership, which the details will be disclosed at a later stage.The EV and battery manufacturing plant will be located on a dedicated 2,923-acre site in Bryan County Georgia, with immediate access to I-95 and I-16 highways which creates easy access to 250 major metro areas. It is less than 50 kilometers from the Port of Savannah, the single-largest and fastest-growing container terminal in the US with two Class I rail facilities on-site provided by Georgia Central Railway. West Point, Georgia is already home to the Group's Kia manufacturing hub in the US.The Group plans to implement many of its advanced intelligent manufacturing technologies that are currently under test at the Group's innovation hub, the Hyundai Motor Group Innovation Center in Singapore. The Georgia facility will become an intelligent manufacturing plant. All processes of production - order collection, procurement, logistics and production - will be optimized utilizing AI and data. The innovative manufacturing system will also help create a human-centered work environment with robots assisting human workers.As part of the Group's commitment to sustainability, the plant will mainly rely on renewable energy sources to power the facility and use emission-reduction technologies to meet the RE100 requirements.
Hyundai Motor Group has entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the US. The official signing ceremony was held in Bryan County, attended by Georgia Governor Mr Brian P Kemp and Hyundai Motor Company President & CEO Mr Jaehoon Chang. The new EV plant and battery manufacturing facilities represent an investment of approximately USD 5.54 billion. The new facility will break ground in early 2023 and is expected to begin commercial production in the first half of 2025 with an annual capacity of 300,000 units. The battery manufacturing facility will be established through a strategic partnership, which the details will be disclosed at a later stage.The EV and battery manufacturing plant will be located on a dedicated 2,923-acre site in Bryan County Georgia, with immediate access to I-95 and I-16 highways which creates easy access to 250 major metro areas. It is less than 50 kilometers from the Port of Savannah, the single-largest and fastest-growing container terminal in the US with two Class I rail facilities on-site provided by Georgia Central Railway. West Point, Georgia is already home to the Group's Kia manufacturing hub in the US.The Group plans to implement many of its advanced intelligent manufacturing technologies that are currently under test at the Group's innovation hub, the Hyundai Motor Group Innovation Center in Singapore. The Georgia facility will become an intelligent manufacturing plant. All processes of production - order collection, procurement, logistics and production - will be optimized utilizing AI and data. The innovative manufacturing system will also help create a human-centered work environment with robots assisting human workers.As part of the Group's commitment to sustainability, the plant will mainly rely on renewable energy sources to power the facility and use emission-reduction technologies to meet the RE100 requirements.
