Current:Home > MyHyundai is rapidly building its first US electric vehicle plant, with production on track for 2025 -Prosperity Pathways
Hyundai is rapidly building its first US electric vehicle plant, with production on track for 2025
View
Date:2025-04-16 02:52:43
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! (498)
Related
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Grenada police say a US couple whose catamaran was hijacked were likely thrown overboard and died
- Volkswagen pickup truck ideas officially shelved for North America
- How Keke Palmer and Ex Darius Jackson Celebrated Son Leo on His First Birthday
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Google suspends AI image feature from making pictures of people after inaccurate photos
- Republicans say Georgia student’s killing shows Biden’s migration policies have failed
- What time do Michigan polls open and close for the 2024 primary? Key voting hours to know
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Delaware’s early voting and permanent absentee laws are unconstitutional, a judge says
Ranking
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Dishy-yet-earnest, 'Cocktails' revisits the making of 'Virginia Woolf'
- William H. Macy Shares Rare Update on Life With Felicity Huffman and Their Daughters
- No retirement plan, no problem: These states set up automatic IRAs for workers
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Officials honor Mississippi National Guardsmen killed in helicopter crash
- U.S. Air Force member dies after setting himself on fire outside Israeli Embassy in Washington in apparent protest against war in Gaza
- Once Upon a Time’s Chris Gauthier Dead at 48
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Shadowbanned? How to check if Instagram has muted you and what you can do about it
Priyanka Chopra Embraces Her Fresh Faced Skin in Makeup-Free Selfie
Jason Kelce’s Wife Kylie Kelce Shares Adorable New Photo of Daughter Bennett in Birthday Tribute
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
Massachusetts governor faults Steward Health Care system for its fiscal woes
Reddit's public Wall Street bet
Military families brace for another government shutdown deadline