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    Home»Business»Hyundai Plans $5.5 Billion Factory Complex in Georgia for Electric Vehicles
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    Hyundai Plans $5.5 Billion Factory Complex in Georgia for Electric Vehicles

    By AdminMay 21, 2022
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    Hyundai Plans .5 Billion Factory Complex in Georgia for Electric Vehicles



    Hyundai Motor Group said Friday it plans to build a $5.5 billion manufacturing complex in Georgia dedicated to making electric vehicles, the latest in a wave of new auto-factory investment flowing to the U.S. South.

    The new Hyundai plant is expected to break ground early next year and open in the first half of 2025, making battery-powered models that will be revealed at a later date, the company said.



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