Current:Home > MyHyundai is rapidly building its first US electric vehicle plant, with production on track for 2025 -ProsperityEdge
Hyundai is rapidly building its first US electric vehicle plant, with production on track for 2025
View
Date:2025-04-26 02:52:41
ELLABELL, Ga. (AP) — The steel skeletons of buildings where Hyundai will stamp, weld, paint and assemble electric vehicles in Georgia span more than a half mile on a sprawling site dotted with so many cranes, bulldozers and construction workers that it almost looks like they’re building a small city.
A year has passed since Hyundai Motor Group broke ground on the $7.6 billion vehicle and battery plant, the South Korean automaker’s first U.S. factory dedicated to producing EVs. Hyundai officials said more than 2,000 people are working each week on the rapidly progressing project west of Savannah, which the company calls its American “metaplant.”
“The site is advancing every day as we work diligently to complete this amazing project,” Hyundai Motor Group Metaplant America CEO Oscar Kwon told reporters visiting the site Wednesday. “We are on track to start production in early 2025 — or, as my boss Jose Munoz likes to say, if not sooner.”
Munoz, Hyundai’s president and global chief operating officer, said last month that the company has accelerated construction to take advantage of federal incentives that reward domestic production of EVs. He said it’s possible the plant could open before the end of next year.
Officials at the construction site Wednesday said the foundation work for the factory’s main production buildings is almost finished and the framework of more than 27,000 tons (24,490 metric tons) of steel is more than 80% complete. Some have roofs and floors, and exterior wall panels have begun to go up.
“It’s hard to believe what has occurred in just one year,” said Trip Tollison, president and CEO of the Savannah Area Economic Development Authority, one of the key local agencies that worked with state officials to lure Hyundai to Georgia.
The plant is being built parallel to Interstate 16 on a site that covers more than 2,900 acres (1,170 hectares). Hyundai says it will build 300,000 EVs each year at the plant. The site will also manufacture batteries to power those vehicles in a partnership between Hyundai and LG Energy Solution.
Hyundai offered a first look Wednesday at some features of the finished plant. Artist renderings showed buildings with plentiful windows and skylights to maximize natural lighting indoors, a large covered parking lot for employees topped with solar panels, and an elevated bridge with glass sides that will let people outside see unfinished cars moving by conveyor from the paint shop to the assembly plant.
The plant will employ 8,500 workers. Tollison said suppliers opening shop in nine Georgia counties near the Hyundai plant will create another 6,000 jobs.
It’s the largest economic development project in Georgia’s history. And it came with a whopping incentive package, with state officials and local governments offering $2.1 billion in tax breaks.
Pat Wilson, Georgia’s economic development commissioner, has said Hyundai is projected to have a direct payroll of $4.7 billion over the next 10 years. The company has promised to pay workers a yearly average of $58,105, plus benefits.
veryGood! (39)
Related
- $73.5M beach replenishment project starts in January at Jersey Shore
- Check Out the Most Surprising Celeb Transformations of the Week
- The Crown's New Pics of Prince William, Kate Middleton Will Get You Royally Excited for Season 6
- Gigi Hadid Shares Glimpse Into Her Magical Birthday Celebration at Disney World
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Here’s What Sarah Hyland Would Tell Herself During Her Modern Family Days
- Olympian Simone Biles Marries Jonathan Owens in Texas Ceremony
- Proof Pregnant Rihanna Had Met Gala 2023 on the Brain With Chanel Look
- Former Danish minister for Greenland discusses Trump's push to acquire island
- RHOBH's Erika Jayne Reveals What She Really Thinks of New Housewife Annemarie Wiley
Ranking
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Haley Lu Richardson Checks In on Her White Lotus Character's Possible Fate
- Met Gala 2023: Proof Patrick Mahomes and Brittany Mahomes Win Even Off the Field
- Camila Mendes Admits to Picking Her Skin Until It Bleeds When She Has Acne
- 'Most Whopper
- Meltdown May Is Around the Corner — Here’s What To Buy To Avoid Yours
- Detroit, Chicago and the Midwest blanketed by wildfire haze from Canada
- Climate change stresses out these chipmunks. Why are their cousins so chill?
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
NFL Star Aaron Rodgers Leaving Green Bay Packers for New York Jets
Chloe Veitch Shares Her Handbag Essentials, Including a $7 Brow Gel With 4,000+ 5-Star Reviews
See How Janelle Monáe Stripped Down on the 2023 Met Gala Red Carpet
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
Vietnam faces criticism for arresting climate activist as it closes clean energy deal
Patrick Swayze’s Widow Lisa Niemi Reflects on Finding Love Again With Husband Albert DePrisco
These Are the Best Hoka Running Shoe Deals You Can Shop Right Now