NEWS

Hyundai plans a huge e-car plant in the USA

It is to cost a good 5.5 billion US dollars, the new factory of the Hyundai Motor Group, in which the car company wants to produce e-cars of the Hyundai, Kia and Genesis brands as well as the batteries necessary for their propulsion.  

The investment of just over $5.5 billion by the company and its partners was announced five months ago and includes plans to manufacture a diverse range of Hyundai, Genesis and Kia electric cars and a new battery manufacturing facility. The site is expected to create more than 8100 jobs in the coming years as the company seeks to build a robust supply chain for EV batteries and other EV components in the US market. The car factory, designed as a smart factory, is expected to start production in the first half of 2025.

With the new plant, Hyundai Motor Group aims to become a leader in electric mobility in the US car market. The group is currently accelerating its electrification efforts with a global goal of selling close to 3.5 million all-electric vehicles annually by 2030. To achieve this goal, the Group plans to build a global EV production network to ensure a stable supply of electric cars.

With the additional EV and battery production capacity in the US, the group aims to maintain its position as one of the three most successful e-car suppliers in the US. Hyundai-Kia plans to lead the e-car market not only in sales but also in design, technologies and mobility solutions optimised for the electric mobility era. The investment is also in line with the US government's roadmap to accelerate electrification: e-cars are expected to account for at least half of all new cars in the US by 2030.

The future of smart manufacturing

According to the manufacturer, the new facility will have a highly connected, automated and flexible manufacturing system that organically connects all elements of the EV ecosystem. The facility, located in the state of Georgia, is planned as a smart manufacturing plant, it said. All production processes - order entry, procurement, logistics and production - will be optimised using AI and data. The innovative manufacturing system will also help create a human-centred work environment with robots assisting human workers in assembly.