Hyundai To Invest Nearly $1 Billion And Create 1,500 New Jobs By Opening New EV Facility In Georgia

Hyundai Mobis, one of the world’s largest automotive suppliers, is planning to invest $926 million in an Electric Vehicle (EV) Power Electric system in Bryan County, Georgia, that will create at least 1,500 new jobs.

Republican Governor Brian Kemp’s office announced the news in a press release, saying, “Once it reaches full production, the 1,200,000-square-foot facility will be able to supply over 900,000 EV Power Electric systems and 450,000 Integrated Charging Control Units annually to the Hyundai Motor Group Metaplant America (HMGMA) factory in Bryan County, the Hyundai Motor Manufacturing Alabama (HMMA) factory in Montgomery, and the Kia Georgia plant. Construction on the new facility, located at the Georgia Ready for Accelerated Development (GRAD) Certified Belfast Commerce Park in Richmond Hill, is expected to begin as early as January 2023, and production is expected to begin in 2024.”

“Building on the assets that make the automotive industry successful, Georgia is positioned as a hub for the electric mobility industry,” the press release added. “Since 2020, more than 30 EV-related projects have contributed over $13.3 billion in investment and announced more than 18,100 jobs in Georgia. On October 25, Hyundai Motor Group Metaplant America officially broke ground in Bryan County on its first fully dedicated EV and battery manufacturing facility. In addition to Hyundai’s direct contributions to the region, offsite suppliers connected to the project are predicted to invest approximately $1 billion in other locations around the state.”

Governor Kemp responded to the news by saying, “When we celebrated the groundbreaking of Hyundai’s new electric vehicle and battery manufacturing facility in Bryan County, we knew it would unleash transformational job creation and investment in that entire region of our state.”

“As we announce the second supplier in just two weeks to locate in that area, we’re excited to see their impact on the surrounding communities and the growing list of other job creators that will soon follow,” he added.

 

D & B Staff

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