Hyundai and LG to construct $4.3B EV battery plant in Georgia.
TL;DR Summary
Hyundai and LG Energy Solutions plan to build a $4.3 billion EV battery manufacturing plant in Georgia, adjacent to Hyundai's electric vehicle "Metaplant" under construction in Ellabell. The plant will create 3,000 jobs and produce batteries for Hyundai, Kia, and Genesis models produced at U.S. facilities. The facility will be able to build enough batteries annually for 300,000 electric vehicles. The plant is expected to break ground later this year and will begin battery production toward the end of 2025.
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- Hyundai and LG Plan $4.3 Billion Battery Plant in Georgia The New York Times
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- The Jolt: EV plant announcement spurs Kemp-Ossoff conflict The Atlanta Journal Constitution
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