Hyundai Motor Group Metaplant America
The Hyundai Motor Group Metaplant America (HMGMA) electric vehicle manufacturing facility and its partnership with LG Energy Solutions (LGES) on the joint venture (JV) battery facility represents an estimated $7.59 billion in investment and will create 8,500 new jobs for the region over the next eight years.
At a May 20, 2022, signing ceremony, Governor Brian P. Kemp and Hyundai Motor Group Chairman Chung Euisun announced that Hyundai Motor Group will open its first fully dedicated electric vehicle (EV) and battery manufacturing facility in the State of Georgia. Original plans called for $5.54 billion investment in a facility which will produce a diverse range of innovative, fully electric vehicles (EV) and a new battery manufacturing facility.
On May 26, 2023, Hyundai Motor Group and LGES announced their partnership on the JV battery facility, further detailing the cost estimates of the battery cell manufacturing JV within the projects.
On August 31, 2023, HMGMA announced it will expand the original scope of the battery JV by an additional $2 billion, resulting in the current investment value of more than $4.3 billion for the battery JV alone. This expansion will create another 400 new jobs. The 30 GWh facility will be able to support the production of 300,000 units of Hyundai, Kia, and Genesis EVs annually at full operations.
Additionally, more than $2.5 billion in capital investment and approximately 6,700 jobs have been announced by HMGMA suppliers in 10 counties across the state. This more than doubles the additional $1 billion investment by suppliers that was originally anticipated.
These suppliers join Georgia’s growing EV ecosystem as the state adapts for a seamless transition to sustainable technology. By fostering fully integrated ecosystems through its support for organic partnerships, Georgia is committed to developing the entire EV supply chain and establishing a closed-loop EV ecosystem in the state.
Announced Hyundai Motor Group Suppliers
While growth during the past five years has been rapid, Georgia has continued to meet company needs, thanks to years of foresight and investment in speed-to-market solutions for businesses. Learn more about Georgia’s EV ecosystem here.
About the Bryan County Megasite:
The premier 2,996-acre Bryan County Megasite is strategically located near port, rail, and workforce – and due diligence has been completed. Read the project announcement here.
Hyundai Motor Group began construction in January 2023, with full production expected to begin in fourth quarter 2024. Learn more about site development and bid opportunities here.
The Georgia Department of Labor’s current list of available long-term positions at Hyundai Motor Group Metaplant America, LLC is available here.
The State of Georgia and the Savannah Harbor-Interstate 16 Corridor Joint Development Authority (JDA) purchased the Bryan County Megasite in 2021, less than a year before Hyundai Motor Group announced their plans for the electric vehicle and battery manufacturing facility. The site is adjacent to Interstate 16 with immediate access from I-95 and I-16 to 250 major metro areas. It is less than 30 miles from the Port of Savannah, the single-largest and fastest-growing container terminal in the U.S., with two Class I rail facilities on-site provided by Georgia Central Railway.
Visit the JDA website to learn more about the Megasite.
Why Georgia?
In choosing Georgia, Hyundai Motor Company cited speed-to-market, workforce, and the state’s ability to meet company carbon neutrality standards. Additionally, Georgia boasts a large, expanding network of Hyundai subsidiaries and suppliers.
Georgia is committed to providing a diverse and skilled workforce for its industries. In February 2023, Georgia Quick Start broke ground on its customized training training center at the Metaplant site. HMGMA has also partnered with local technical colleges to prepare students for entry-level employment at the Metaplant. Electrical Vehicle Professional Technical Certificate of Credit (EVP TCC) training is available at Coastal Pines Technical College’s Baxley and Waycross campuses, Southeastern Technical College’s Vidalia campus, Savannah Technical College, and Ogeechee Technical College.
Also central to the selection of the Bryan County Megasite was its close proximity to the Port of Savannah. With connections to the port by both rail and highway, Hyundai will be able to access global markets quickly and efficiently. As evidenced by record-breaking global commerce and trade numbers, Georgia has the tools companies need to meet consumers where they are.
Learn more about Georgia's automotive advantage here.
