Hyundai Motor Group (HMG) held the Grand Opening ceremony for its new electric vehicle (EV) plant in the US state of Georgia this week, hosted by the group’s executive chairman Euisun Chung. The event was held in the week that US President Donald Trump announced that his government plans to impose duties of 25% on vehicles and components imported into the US from the 2nd April.
The South Korean automaker completed construction of its third vehicle plant in the US, the Hyundai Motor Group Metaplant America (HMGMA), in the fourth quarter of last year. The facility has a production capacity of 300,000 battery electric (BEV) and plug-in hybrid (PHEV) vehicles per year. HMG began producing the Ioniq 5 BEV at the plant at the end of 2024, followed by the introduction of the new Ioniq 9 model in the first quarter of 2025. Production will be ramped up further in 2026 with the introduction of a Kia-branded model.
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The inauguration this week was intended to underscore HMG’s commitment to manufacturing in the US, where it has invested over US$20bn so far and created 570,000 local jobs. Earlier this week the company confirmed it plans to accelerate production localization in the US, with the announcement that it plans to invest a further US$21bn in the country in the next four years. This will include expanding production capacity at the HMGMA facility to 500,000 units per year.
With the new plant, HMG now has a production capacity of 1 million vehicles per year in the US. The group sold a total of 1.7 million Hyundai, Kia and Genesis-branded vehicles in the US last year, of which around 1.15 million units were imported from South Korea
At the event, Euisun Chung told his audience: “Standing here today, I can say I have never been more confident about building the future of mobility with America, in America. Hyundai has come to Georgia to stay, to invest and to grow.”
