Report: Hyundai May Choose Georgia for EV Plant

Matt Posky
by Matt Posky
report hyundai may choose georgia for ev plant

Hyundai Motor Group has been considering where to establish its planned EV manufacturing hub for the United States for roughly a year now and is reportedly zeroing in on the State of Georgia as a final destination. It’s even said to have conducted some preliminary meetings with local leaders about the possibility of breaking ground in an area that could be strategically aligned with its existing facilities – namely Montgomery’s Hyundai Motor Manufacturing Alabama (HMMA) and West Point’s Kia Motors Manufacturing Georgia (KMMG).

Reuters broke the story, citing the usual unnamed sources that are “familiar with the matter.” While the automaker has confirmed that it has a loose plan in place for its upcoming EV pant, it’s been unwilling to share any specifics regarding the possibility of future investments.

From Reuters:

The new Georgia EV facility, if it is finalized, would serve both Hyundai and Kia as the brands move to roll out a pair of fully electric SUVs – the Ioniq 7 and EV9 – aimed at the U.S. market, the three people with knowledge of the plans told Reuters.

Georgia’s Economic Department declined to comment. “We do not comment on speculation about economic development projects,” said a state economic development department spokesperson.

The announcement of an investment deal by Hyundai would come at a time when the administration of President Joe Biden has been pushing for more investment in EVs and related suppliers to create jobs and drive a clean-energy agenda. It would also mark a major economic development win for Georgia, which has pushed to establish itself as a regional hub for the emerging EV industry.

The Korean car company has been pouring cash into the region, with the most recent investment being last month’s $300-million push to manufacture the Genesis GV70 EV and a hybrid version of the Santa Fe in Alabama. SK Innovation (Hyundai’s chief battery supplier) has also been expanding in Georgia, tossing more than $2 billion into two planned facilities. But the entire Southeastern region is quickly becoming a haven for battery plants, with CATL, LG Energy Solution, and Samsung SDI having made investments of their own.

Reuters speculated that a formal announcement could arrive shortly before the May 24th Georgia primary election in which Republican Governor Brian Kemp is being challenged by former U.S. Senator David Perdue – suggesting a final decision may hinge on the political climate. It likewise noted that Hyundai had been hoping to announce its U.S. investment in electric vehicle manufacturing later this month to coincide with Biden’s planned visit to South Korea, citing another unnamed person with knowledge of the overarching strategy.

The Biden administration has said it will allocate more than $3 billion in funding that would have gone to support U.S. infrastructure to help finance domestic EV manufacturing. Biden’s ultimate goal is to have half of all vehicles sold within the nation to be electric by 2030.

Meanwhile, local outlets have been musing what the new facility could mean in terms of jobs – with the Atlanta Journal-Constitution reporting that the company plans to hire 8,500 people to work at a site planned along I-16 in Bryan County, near Savannah.

[Image: Hyundai]

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  • RHD RHD on May 10, 2022

    Hyundai/Kia is trying to become the next Honda. More manufacturing jobs in the U.S. is a good thing. Isn't it funny how many foreign brands are made in America, and how many American vehicles are made in Mexico and other countries?

  • Cimarron typeR Cimarron typeR on May 11, 2022

    They aimed for Honda but landed on Infiniti/Acura/Cadillac

  • Tassos What was the last time we had any good news from Ford? (or GM for that matter?)The last one was probably when Alan Mulally was CEO. Were you even born back then?Fields was a total disaster, then they go hire this clown from Toyota's PR department, the current Ford CEO, Fart-ley or something.He claims to be an auto enthusiast too (unlike Mary Barra who is even worse, but of course always forgiven, as she is the proud owner of a set of female genitals.
  • Tassos I know some would want to own a collectible Mustang. (sure as hell not me. This crappy 'secretary's car' (that was exactly its intended buying demo) was as sophisticated (transl. : CRUDE) as the FLintstone's mobile. Solid Real Axle? Are you effing kidding me?There is a huge number of these around, so they are neither expensive nor valuable.WHen it came out, it was $2,000 or so new. A colleague bought a recent one with the stupid Ecoboost which also promised good fuel economy. He drives a hard bargain and spends time shopping and I remember he paid $37k ( the fool only bought domestic crap, but luckily he is good with his hands and can fix lots of stuff on them).He told me that the alleged fuel economy is obtained only if you drive it like a VERY old lady. WHich defeats the purpose, of course, you might as well buy a used Toyota Yaris (not even a Corolla).
  • MRF 95 T-Bird Back when the Corolla consisted of a wide range of body styles. This wagon, both four door and two door sedans, a shooting brake like three door hatch as well as a sports coupe hatchback. All of which were on the popular cars on the road where I resided.
  • Wjtinfwb Jeez... I've got 3 Ford's and have been a defender due to my overall good experiences but this is getting hard to defend. Thinking the product durability testing that used to take months to rack up 100k miles or more is being replaced with computer simulations that just aren't causing these real-world issues to pop up. More time at the proving ground please...
  • Wjtinfwb Looks like Mazda put more effort into sprucing up a moribund product than Chevy did with the soon to be euthanized '24 Camaro.