Hyundai eyes Georgia for new US EV plant: report

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As Hyundai continues to expand its range of electric vehicles, it needs more space to work. Thus, he is looking to open a new store dedicated to the manufacture of electric vehicles in the United States. While a location hasn’t been set in stone, Hyundai is apparently eyeing Georgia, which would make it a neighboring state to its other manufacturing plant in Alabama.

Hyundai has reportedly already held discussions with Georgia state officials, although automaker representatives declined to comment on specifics about the location of the new plant, according to Reuters. “We are excited to announce a new plan for an electric vehicle plant in the United States soon, but we have no details to share at this time,” a Hyundai representative told the outlet. It’s unclear how many jobs it could create or how much Hyundai would invest in the project as a whole.

In response to The reader statement request, a Hyundai spokesperson said: “Hyundai Motor Group is committed to accelerating electrification in the United States. We need to build a new electric vehicle factory in the United States. However, at this point , no other details have yet been decided.”

Wherever this new factory is located, it will be responsible for building electric vehicles for Hyundai and Kia, probably starting with a few SUVs such as the Hyundai Ioniq 7 and Kia EV9. It also comes shortly after Hyundai announced it would build an all-electric variant of the Genesis GV70 at its main plant in Alabama, alongside the Hyundai Santa Fe Hybrid. It’s unclear whether production of future Genesis EVs will move to Georgia — or where the new EV plant will eventually be — or whether it will stay in Alabama.

By 2030, there should be 31 electric vehicles in total across the three brands: six from Genesis, nine from Hyundai and 14 from Kia. However, there is currently no word on how many of these EVs will be built at this new US plant. Although Hyundai has yet to confirm that Georgia will be its new home for electric vehicles, it makes a lot of sense. Its battery supplier, SK On, recently built two factories in Georgia to supply batteries to Volkswagen and Ford, according to Reuters. This makes Georgia a natural choice for a new Hyundai EV plant.

That’s a big deal because it means Kia and Hyundai intend to really get into battery-electric cars in the United States. General Engines and Ford to make significant investments in domestic battery and vehicle manufacturing plants. Earlier this year, GM announcement that it will invest more than $7 billion in building a new battery cell factory and converting an existing one to build its full-size electric pickup trucks. Last year, Ford announcement BlueOval City, a complex in West Tennessee for building battery packs and F-Series electric pickups. Hyundai has already announced it will invest $7.4 billion in U.S. electric vehicle manufacturing; it is likely that this new plant is one of them.

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