Hyundai LG Battery Plant Georgia

FILE - Chung Eui-sun, center left, executive chairman of Hyundai Motor Group, shakes hands with Georgia Gob. Brian Kemp as dignitaries join in for the official groundbreaking ing for the Hyundai Meta Plant, Oct. 25, 2022, in Ellabell, Ga. Hyundai and LG Energy Systems say they will build a $4.3 billion electric battery plant in Georgia. The factory would be on the site of the new electric vehicle assembly plant that Hyundai Motor Group is building near Savannah. The companies will split the investment, starting production as early as late 2025.

ATLANTA (AP) — Hyundai Motor Group and LG Energy Solution announced Thursday they will build a $4.3 billion electric battery plant as part of Hyundai's new electric vehicle assembly plant in southeast Georgia.

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