Hyundai Plans $5.5 Billion Factory Complex in Georgia for Electric Vehicles
Hyundai Motor Group
said Friday it plans to build a $5.5 billion manufacturing complex in Georgia dedicated to making electric vehicles, the latest in a wave of new auto-factory investment flowing to the U.S. South.The new Hyundai plant is expected to break ground early next year and open in the first half of 2025, making battery-powered models that will be revealed at a later date, the company said. When fully ramped up, the factory will be capable of churning out 300,000 vehicles a…