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Hyundai to Pick Georgia for New EV Plant Creating 8,000 Jobs

  • To be announced next week during Biden trip to South Korea
  • Hyundai is also expanding Alabama plant to build first US EV
Updated on

Hyundai Motor Co. plans to announce next week that it will build a new electric-vehicle assembly plant in southern Georgia, according to a person familiar with the matter, the latest automotive win for the state.

The project will create about 8,000 new jobs, said the person, who asked not to be identified ahead of a pending announcement. The plant is part of the $7.4 billion the South Korean automaker pledged in 2021 to invest in the US. An announcement, planned for Friday, May 20, will coincide with President Joe Biden’s trip to South Korea and occur four days before the Georgia gubernatorial primary.