Hyundai is kicking off a brand new period as its $7.6 billion EV plant in Georgia is now formally up and operating. The primary US-made IONIQ 5 rolled off the meeting line and is scheduled to reach at US sellers by the tip of the yr.
Hyundai’s $7.6 billion EV plant in Georgia formally opens
After breaking floor on the positioning in October 2022, Hyundai Motor Group’s Metaplant America (HMGMA) in Bryan County, GA, is now open.
Hyundai accomplished development in slightly below two years, fast-tracking manufacturing because it seems to achieve an edge with US-made electrical fashions.
“After validating its manufacturing processes to make sure its autos meet Hyundai Motor Group’s excessive requirements, (the Savannah plant) has began preliminary manufacturing of buyer autos forward of schedule,” an announcement from Hyundai on Friday learn (through The Atlanta Journal-Structure).
The brand new facility is a major milestone for Hyundai and Georgia as the most important financial growth mission in state historical past.
Hyundai initially invested $5 billion into the ability, which later grew to a whopping $7.6 billion. Simply final week, the plant added its 18th provider as Hyundai builds an intensive US community. Hyundai alone is creating an extra 8,500 jobs within the space.
EVs are creating jobs and attracting main investments
One other $5 billion EV battery plant is below development in Bartow County by means of a partnership with SK On, creating one other 3,500 positions.
Since 2018, over $28 billion has been invested in Georgia to construct electrical autos, batteries, and different clear power tasks. The initiatives have already attracted over 36,000 new jobs within the state.
In accordance with a research from the Middle for Automotive Analysis, Hyundai’s Georgia EV plant will assist create over 58,200 new jobs. It is going to additionally entice over $12.6 billion in investments.
The state has labored with native universities and technical packages to assist put together a brand new era of auto employees.
The primary car to roll off the meeting line is Hyundai’s up to date 2025 IONIQ 5. The brand new Hyundai IONIQ 5 options much more vary and a pointy new design. It even has an NACS charging port to entry Tesla’s Supercharger community. Hyundai stated will probably be accessible by the tip of 2024.
Later this yr, Hyundai will unveil its first all-electric three-row SUV, the IONIQ 9 (which was just lately noticed testing within the US). The bigger electrical SUV might be constructed alongside the 2025 IONIQ 5 in Georgia.
Hyundai stated electrical autos constructed on the plant will qualify for a partial $3,750 federal tax credit score. Nevertheless, as soon as the battery plant opens, Hyundai expects US-made EVs might be eligible for the total $7,500.
The 2025 IONIQ 5 might be accessible with a brand new XRT trim for many who need to “play within the grime and have all-electric adventures.”
| 2025 Hyundai IONIQ 5 powertrain | Trim | 2024MY Vary | New Vary (Focused) |
| AWD | Restricted SE/SEL XRT |
260 miles 260 miles N/A |
+250 to +280 miles |
| RWD | SE/ SEL/ Restricted Se Normal Vary |
303 miles 220 miles |
+310 miles +240 miles |
Hyundai additionally introduced its US-made IONIQ 5 will be part of Waymo’s robotaxi fleet on Friday as a part of a brand new multi-year partnership.
With the 2025 mannequin rolling out, Hyundai is providing vital reductions on 2024 fashions. You should use our hyperlink to view presents on the 2024 Hyundai IONIQ 5 at a seller close to you.
