Hyundai Says It Will Spend $2.7 Billion Expanding Part of the Georgia Complex Raided by ICE
Hyundai Motor Group confirmed it is going forward with previously announced plans to expand its Georgia plant, just weeks after an immigration raid delayed the startup of an electric vehicle battery plant at the site. As part of a broader investment strategy, Hyundai said it would spend $2.7 billion to increase production capacity at the Ellabell, Georgia site by 200,000 over the next three years, to a total of 500,000 vehicles a year. Hyundai said that it plans to make more than 80% of vehicles sold in the United States domestically by 2030, with total domestic content increasing from 60% to 80%. Hyundai pledges to hire at least 8,500 workers by the end of 2031. Hyundai to expand Georgia plant despite ICE raid | AP News
Hyundai celebrated the opening of its new $7.6 billion electric vehicle factory in Georgia on Wednesday by announcing plans to expand its production capacity by two-thirds to a total of 500,000 vehicles per year. The newly announced Georgia expansion is part of $21 billion in U.S. investments over the next three years that Hyundai announced at the White House. Hyundai began producing EVs just shy of six months ago at its sprawling manufacturing plant in southeast Georgia. More than 1,200 people are working there. Hyundai employees worked the assembly line alongside hundreds of robots that stamp sheets of steel into fenders and door panels, weld and paint auto bodies and even park finished vehicles awaiting their final inspections.