Hyundai Moves Up Start Date for $7.5B Georgia EV Plant

The largest economic development project in Georgia’s history will open sooner than anticipated. The official production start for Hyundai Motor Group Metaplant America near Savannah is scheduled for the fourth quarter of 2024 instead of the previously projected start in the first half of 2025.

The plant will be the first EV mass-production plant for Hyundai and will produce Hyundai, Genesis and Kia cars. Hyundai’s investment for the Metaplant is about $7.59 billion and will create 8,500 jobs. LG Energy Solution is the partner that will create the battery components.

This plant has also attracted multiple suppliers to Georgia, such as car part and frame manufacturer Hwashin and Daechang Seat Corp. Outside of Hyundai, the state will also be home to Rivian Automotive Inc.’s plant in Stanton Springs, which will create about 7,500 jobs.

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