Hyundai Motor Group launched its $12.6 billion Metaplant America facility in Georgia, marking the largest economic development project in the state’s history. The plant, which began production last October, will manufacture electric and hybrid vehicles for the Hyundai, Kia, and Genesis brands.
The South Korean automaker plans to increase the facility’s annual production capacity to 500,000 units, up from the initially planned 300,000 vehicles. This expansion is part of Hyundai’s newly announced $21 billion U.S. investment plan for 2025-2028.
Beyond vehicle manufacturing, Hyundai will allocate $6 billion to establish an Electric Arc Furnace-based steel mill in the U.S. through its affiliate Hyundai Steel. Expected to begin operations in 2029, the mill will have an annual production capacity of 2.7 million tons of automotive steel.
The Georgia plant incorporates advanced technology including AI-optimized processes and robotics from Hyundai’s Singapore innovation center. The facility also features sustainability elements such as a 5.2-megawatt solar parking structure that supplies approximately 5% of the plant’s power needs.
Hyundai claims its Georgia investments will create nearly 40,000 direct and indirect jobs, with suppliers already announcing $2.5 billion in related investments across 12 counties in the state.
