Recent Automotive Locations in Georgia
Over the last three years, automotive companies continue to choose Georgia for their new locations, while current companies expand to meet demand. Here are a few recent examples of companies now calling Georgia home.
Hyundai Motor Group to Build First Fully Dedicated Electric Vehicle and Battery Manufacturing Facility in Georgia
Hyundai Motor Group will invest $5.54 billion in opening its first state-of-the-art U.S. smart factory fully dedicated electric vehicle (EV) and battery manufacturing. This will create 8,100 jobs in Georgia's coastal region. Construction is expected to begin on the new facility in January 2023, with full production expected in the first half of 2025, with annual capacity of 300,000 units.
“The U.S. has always held an important place in the Group’s global strategy, and we are excited to partner with the State of Georgia to achieve our shared goal of electrified mobility and sustainability in the U.S.” - Euisun Chung, Executive Chair, Hyundai Motor Group
Source, "Hyundai Motor Group to Invest $5.54 Billion in Georgia at First Fully Dedicated Electric Vehicle and Battery Manufacturing Facility," GDEcD press release, 5.20.2022
Seoyon E-HWA Joins Growing List of Hyundai Suppliers, Nearly Doubles Georgia Employment
"With the establishment of Seoyon E-Hwa Savannah, we hope that it will not only provide new jobs in the region but also contribute to making Savannah a central city for automobile development and production." - Ryu Yang-seok, Seoyon E-Hwa Chairman
Source: "Gov. Kemp: Seoyon E-HWA Joins Growing List of Hyundai Suppliers, Nearly Doubles Georgia Employment," Office of the Governor Press Release, 2.1.2023