Skip to content Skip to sidebar Skip to footer

Hyundai says it will spend $2.7 billion expanding part of the Georgia complex

Miami, FL, Friday, 19th 2025. Hyundai Motor Group on Thursday 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.

Hyundai said it would spend $2.7 billion to increase production capacity at the Ellabell site by 200,000 over the next three years, to a total of 500,000 vehicles a year.

The company first announced the expansion in March at the grand opening of the plant west of Savannah, and had said in August that it would invest an additional $5 billion in United States overall.

The company said it now plans to produce 10 models of electric and hybrid gas-electric vehicles in Georgia, up from the current two the plant has been assembling as it ramps up production.

Hyundai says it’s still on track to expand production worldwide to 5.6 million vehicles a year by 2030. The automaker pledged that 60% of those vehicles will be electric or hybrid powered, targeting sales in South Korea, North America and Europe.

Source: AP News

Sign Up to Our Newsletter

Be the first to know the latest updates

[mc4wp_form id="13091" element_id="style-1"]