TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%
TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%
TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%

Hyundai celebrates grand opening of Georgia $7.6B metaplant

Hyundai's new facility is a key component of its $12.6 billion investment in Georgia, marking the largest economic development project in the state's history.
Hyundai Motor Group Metaplant America

Photo By: Hyundai Motor Group

Hyundai Motor Group just celebrated the opening of its new massive EV plant in Georgia. The Hyundai Motor Group Metaplant America (HMGMA) is part of the automaker’s $12.6 billion investment in Georgia and is the largest economic development project in the state’s history.

Located in Ellabell, Georgia, the HMGMA will expand Hyundai, Kia, and Genesis production capacity by 1.2 million vehicles annually. The facility will manufacture both fully electric vehicles and hybrid models, supporting the company’s EV initiatives. The plant is expected to produce 300,000 vehicles per year, with the potential to expand to 500,000 in the future. Hyundai’s investment has also drawn in 18 suppliers and a joint-venture battery plant with LG Energy Solution, further strengthening Georgia’s position as a central manufacturing hub.

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The grand opening celebration featured Hyundai’s executive leadership team, including Executive Chair Euisun Chung, Vice Chair Jaehoon Chang, President and Ceo Jose Muñoz, Kia President and CEO Ho Sung Song. Several state and local leaders were also in attendance, including Georgia Governor Brian Kemp, U.S. Representative Buddy Carter, and MGMA employees.

Since entering the U.S. market, Hyundai has invested more than $20.5 billion and created roughly 570,000 American jobs, both directly and indirectly. The automaker is strengthening its commitment to the United States and has pledged an additional $21 billion investment in the U.S., projected to create over 100,000 new jobs by 2028. As part of this expansion, Hyundai is also developing a $5.8 billion steel plant in Louisiana.

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