hyundai--2025-03-27 11-40-10
A.I., Business, Employment, Finance, Job Growth, Revenue, Tech

Hyundai BOOSTS USA Economy-1300-100k NEW JOBS $21Bn Investment

  • Hyundia revealed a $21Bn investment plan for USA
  • $5.8Bn Steel Plant in Louisiana
  • $9Bn to EXPAND USA Vehicle Production
  • $6Bn in A.I. & Autonomous Driving/Nvidia Partner
  • $7.6Bn Electric Vehicle Factory in GA
  • Prior Plant in Alabama
hyundait_20250325
hyundait_20250324, as Quoted from WhiteHouse Live media Production, thewhitehouse.gov

 

Hyundai Announces $21 Billion U.S. Investment Plan

Hyundai Motor Group has unveiled a comprehensive $21 billion investment plan to expand its presence in the United States, focusing on steel production, vehicle manufacturing, artificial intelligence (AI), and autonomous driving technologies. This investment will enhance Hyundai’s production capabilities, support innovation, and create thousands of jobs across multiple states.

Hyundai’s U.S. Investment Breakdown

The $21 billion investment will be allocated across four major sectors:

  • $5.8 billion – Construction of a new steel plant in Louisiana
  • $9 billion – Expansion of vehicle production facilities in the U.S.
  • $6 billion – Investments in AI, autonomous driving, and partnerships with NVIDIA
  • $7.6 billion – Development of a new electric vehicle (EV) factory in Georgia

$5.8 Billion Steel Plant in Louisiana

Hyundai is set to build a state-of-the-art automotive steel-making facility in Donaldsonville, Louisiana, which will produce over 2.7 million metric tons of steel annually and create more than 1,300 jobs.

  • The plant will be built on approximately 1,700 acres
  • Construction is expected to take place between 2026 and 2029
  • Hyundai Steel will finance half the cost, with the remaining investment coming from Hyundai Motor Group and other investors

This steel mill will focus on producing low-carbon steel sheets to support Hyundai’s sustainable production goals.

Hyundai’s U.S. Manufacturing Facilities

Hyundai Plant in Alabama

Hyundai Motor Manufacturing Alabama (HMMA) was established in 2005 on a 1,769-acre site in Montgomery, Alabama. This plant is a crucial part of Hyundai’s U.S. operations.

Key Facts:

  • Employs approximately 3,100 workers
  • Annual production capacity:
  • 370,000 vehicles
  • 700,000 engines
  • Manufactured Models:
  • Hyundai Santa Fe
  • Hyundai Tucson
  • Hyundai Santa Cruz
  • Genesis GV70

Hyundai Plant in Georgia

The Hyundai Motor Group Metaplant America (HMGMA) in Ellabell, Georgia, is a newly established manufacturing facility.

Key Facts:

  • Opened in 2024
  • Employs over 1,400 workers
  • Covers 370 acres
  • Annual production capacity: 300,000 vehicles
  • Currently produces:
  • Hyundai Ioniq 5
  • Hyundai Ioniq 9

$9 Billion Investment in U.S. Vehicle Production Expansion

Hyundai will invest $9 billion to expand its annual production capacity in the U.S. to 1.2 million vehicles. This will strengthen the production capabilities of Hyundai, Kia, and Genesis, while improving existing manufacturing plants, such as:

  • Hyundai Motor Manufacturing Alabama (HMMA)
  • Kia Autoland Georgia

Additionally, Hyundai will localize its automotive supply chain, ensuring a steady supply of EV battery packs, steel components, and other critical materials.

$6 Billion Investment in AI, Autonomous Driving & Innovation

Hyundai is allocating $6 billion to drive technological advancements in:

  • Autonomous driving
  • Robotics
  • Artificial intelligence (AI)
  • Advanced air mobility (AAM)

As part of this effort, Hyundai will strengthen partnerships with leading U.S. companies, including:

  • NVIDIA – Accelerating AI development for autonomous driving and robotics
  • Supernal – Hyundai’s U.S.-based AAM division, which aims to commercialize an eVTOL (electric vertical takeoff and landing) vehicle by 2028

Hyundai will also invest in startups through venture capital and funding programs, supporting U.S. companies specializing in mobility, robotics, and AI.

Job Creation & Economic Impact

This investment is expected to generate:

  • 14,000 direct full-time jobs
  • Over 100,000 indirect jobs across the U.S. by 2028

With this ambitious plan, Hyundai Motor Group is reinforcing its commitment to expanding U.S. manufacturing, advancing technology, and strengthening American partnerships.

Sources

 

Author, Ryan Bridglal, 03/27/2025

 

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