Hyundai Motor Group Metaplant America (HMGMA) revealed that the official start of production has accelerated to the fourth quarter of 2024 with the grand opening celebration targeted for the first quarter of 2025. It was previously announced that production would begin in the first quarter of 2025. Additionally, the General Assembly passed a Resolution commending Hyundai Motor Group’s dedication to the State of Georgia and recognizing Feb. 26, 2024, as Hyundai Day at the State Capitol.
Hyundai and Genesis electric vehicles, including the IONIQ 5, IONIQ 6, GV60, and Electrified GV70, along with the hydrogen-powered XCIENT Fuel Cell Truck, to be used for logistics needs between Hyundai’s manufacturing facilities and suppliers, were on display outside of the State Capitol.
Metaplant in Georgia
“Georgia is like a second home to us,” said José Muñoz, president and global COO, Hyundai Motor Company, and president and CEO, Hyundai and Genesis Motor North America. “On behalf of all of us at Hyundai Motor Group, we are very proud that Hyundai’s investments in Georgia will create tens of thousands of great paying American jobs and bring tens of billions of dollars in economic impact for decades to come. Thank you to our partners and to the great people of Georgia for your support and for making us feel so much at home.”
“For decades, Hyundai Motor Group has been an incredible partner to our state, and we knew exactly what kind of historic benefits a project like this would bring to hardworking Georgians when we first began talks with HMG,” said Governor Brian Kemp. “Hyundai is with us at the table, helping us recruit businesses, giving back to our communities, and working with our world-class colleges and universities to connect more Georgians with great opportunities. We share a focus on the future, and we’re excited for what our long-term partnership will bring for the coastal region and all of Georgia.”
“2024 is going to be a great year for HMGMA,” said Oscar Kwon, president and CEO, HMGMA. “This is the largest economic development project in Georgia’s history, and we have been moving at a rapid speed. Completing a project of this scale on this timeline has been a challenge, but our team has delivered amazing results. We owe a lot of this to the hard work of our Meta Pros and the continued support and cooperation of our state and local partners, including the Savannah Harbor-Interstate 16 Joint Development Authority.”
Hyundai Motor Group Metaplant America Investment
Hyundai Motor Group is investing $7.59 billion to develop HMGMA, which will create 8,500 direct jobs. Additionally, Hyundai and SK On are building a $5 billion EV battery cell plant in Bartow County, Georgia. A recent study said Hyundai’s investments in Georgia will create nearly 40,000 jobs.
Hydrogen Ecosystem in Georgia
Hyundai is also actively developing a hydrogen mobility value chain at HMGMA as it announced at CES 2024. Through the Clean Logistics Project in the state, the Metaplant will utilize XCIENT Fuel Cell tractors to manage the logistics of the plant and its suppliers. XCIENT is Hyundai’s commercialized class 8 6×4 fuel cell electric model that has a proven record of real-world application and technological reliability around the world with more than 6.25 million accumulated miles. Hyundai is also developing the hydrogen refueling infrastructure needed to support this fuel cell activity. This collaboration is anticipated to stimulate economic growth and create job opportunities within the state.