Hyundai announces Metaplant Georgia, first dedicated US EV factory, with $5.54B investment

Hyundai Motor Group/E-GMP Platform (Ioniq, Kia EV)

Hyundai announced Metaplant Georgia, a $5.54 billion investment in Bryan, Georgia to build a dedicated EV factory. The facility was designed to produce 300,000 vehicles annually, ramping to 500,000, using the 800V E-GMP platform. Construction began October 2022; production started October 2024.

• $5.54 billion capital investment in Bryan, Georgia (Ellabell).
• Dedicated to 800V E-GMP electric vehicles and hybrid vehicles.
• Creates 8,100+ direct jobs; 300+ jobs in battery gigafactory.
• Phase 1: 300,000 units/year; Phase 2: up to 500,000/year.