FILE - The 2024 Hyundai IONIQ 5 sits on display at the Chicago Auto Show, Thursday, Feb. 9, 2023, in Chicago. Hyundai Motor Group said Tuesday, June 18, 2024, that it plans to begin manufacturing IONIQ 5 electric SUVs at its sprawling new plant in Georgia this fall. SAVANNAH, Ga. — Hyundai Motor Group said Tuesday that it plans to begin manufacturing IONIQ 5 electric SUVs at its sprawling new plant in Georgia this fall.
It was the first time the South Korean automaker has identified which model of electric vehicle it will produce at itswest of Savannah. The factory should begin operating in the fourth quarter, the company said in a news release, though it didn’t specify which month. “We are in the final phase of construction and are getting ready for the 2025 Hyundai IONIQ 5 to roll off the line,” said Oscar Kwon, the new plant’s CEO. “It’s the ideal vehicle for us to start production with.”The announcement that new IONIC 5 vehicles will be manufactured in Georgia came before the 2025 model has been shown to the public. The electric SUV model launched in 2022, and Hyundai said this year’s sales of the model have jumped 43% compared to last year.
The plant is the largest economic development project in Georgia’s history. It came with a whopping incentive package, with state officials and local governments offering
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