A factory building is under construction at Hyundai's first U.S. plant for manufacturing electric vehicles on Wednesday, Oct. 25, 2023, in Ellabell, Ga. Hyundai and battery-making partner LG Energy Solution are investing $7.6 million in the sprawling plant site west of Savannah, Ga., where the companies plan to make 300,000 electric vehicles and the batteries that power them each year.
to take advantage of federal incentives that reward domestic production of EVs. He said it's possible the plant could open before the end of next year. The plant is being built parallel to Interstate 16 on a site that covers more than 2,900 acres . Hyundai says it will build 300,000 EVs each year at the plant. The site will also manufacture batteries to power those vehicles in a partnership between Hyundai and LG Energy Solution.
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