Hyundai Motor Group is deepening its US manufacturing footprint with a $21bn investment through 2028. The Group is scaling production, localising components and developing future mobility and energy technologies to strengthen industrial resilience.
Hyundai Motor Group has announced a $21 billion investment across its US operations, signalling its most ambitious expansion in North America to date. Between 2025 and 2028, the South Korean industrial group aims to accelerate vehicle production, localise critical components, strengthen its supply base and develop the technologies shaping the future of mobility.
The scale of the investment reflects a deepening strategic alignment between the Group and US industrial policy. Since its entry into the US market in 1986, Hyundai has committed over $20.5 billion in American operations. This new wave of capital extends that legacy with a forward-looking agenda designed to expand capacity, de-risk supply chains and reinforce the country’s manufacturing ecosystem.
”A further $6 billion has been earmarked to localise automotive components and increase supply chain robustness”
“Hyundai Motor Group is deepening its partnership with the United States, reinforcing our shared vision for American industrial leadership. The Group’s investment and efforts will further expand our operations in the U.S. and grow our American workforce. Thank you to our American partners, employees, and communities. We’re proud to stand with you, and proud to build the future together,” said the company in a statement.
Expanding vehicle output across multiple brands and opening of the Georgia Metaplant
The largest share of the new investment – $9 billion – will support a significant expansion of automotive production across Hyundai Motor Group’s US facilities. The Group plans to achieve an annual production capacity of 1.2 million vehicles across its Hyundai, Kia and Genesis brands.
Production facilities in Alabama and Georgia will be upgraded, including Hyundai Motor Manufacturing Alabama and Kia Autoland Georgia. These enhancements are expected to improve quality and operational efficiency while reinforcing the company’s ability to adapt to shifting customer demand.
This week, Hyundai is also expected to officially open its new Metaplant in Bryan County, Georgia. Known as Hyundai Motor Group Metaplant America (HMGMA), the facility marks a milestone in US EV localisation. The $7.6 billion site is the largest economic development project in Georgia’s history and was completed in just two and a half years. It is expected to support 8,500 direct jobs and over 570,000 jobs indirectly across the US supply chain. The plant will begin trial production in late 2024, with full EV output ramping up in 2025.
”Hyundai Steel, a key affiliate, will build an Electric Arc Furnace (EAF) steel mill in Louisiana, with an annual capacity of 2.7 million tonnes”
Localising parts and steel for a more resilient supply chain
A further $6 billion has been earmarked to localise automotive components and increase supply chain robustness. The Group will focus on scaling production of high-value parts, including battery packs for electric vehicles, and forming an integrated auto cluster around its growing US production base.
Hyundai Steel, a key affiliate, will build an Electric Arc Furnace (EAF) steel mill in Louisiana, with an annual capacity of 2.7 million tonnes. The facility will use locally sourced steel scrap to produce low-carbon steel sheets, providing both environmental benefits and greater supply chain control in a volatile geopolitical environment.
The Group is also investing in logistics infrastructure to support these efforts, aiming to reduce dependencies and increase regional integration.
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Hyundai is backing the technologies reshaping mobility
A further $6 billion will support Hyundai’s push into future mobility technologies and energy infrastructure. This includes partnerships in robotics, artificial intelligence, autonomous driving, as well as advanced air mobility (AAM).
Key initiatives include expanding the US robotics ecosystem with Boston Dynamics, developing AI mobility solutions with NVIDIA, and advancing R&D with Supernal, Hyundai’s AAM affiliate. Supernal plans to commercialise an electric vertical take-off and landing (eVTOL) aircraft by 2028.
Hyundai will also continue its collaboration with Waymo, supplying robotaxis, and deepen its ties with Aptiv in developing autonomous driving services. Through venture funding and strategic investments, the Group aims to bolster American startups in mobility, robotics and AI.
”The Group expects its investment to create 14,000 direct full-time jobs by 2028”
Energy investment to support electrification
Alongside industrial and technological ambitions, Hyundai is committing significant funds to the development of energy infrastructure. This includes the expansion of electric vehicle charging networks through the IONNA alliance and the advancement of Small Modular Reactor (SMR) technologies in partnership with Holtec International and Hyundai Engineering & Construction.
Such efforts are designed to support the Group’s electrification strategy while contributing to broader US goals for decarbonisation and energy independence.
Employment and industrial development
The Group expects its investment to create 14,000 direct full-time jobs by 2028, with over 100,000 total direct and indirect job opportunities anticipated across manufacturing, technology and infrastructure.
With this latest move, Hyundai Motor Group extends its US footprint and deepens its role in shaping the country’s industrial, technological and energy transformation.
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