SHERIDAN, WYOMING – April 6, 2025 - Hyundai Motor Group (the Group) has announced a groundbreaking commitment to invest USD 21 billion in the United States from 2025 to 2028, significantly expanding its presence and impact across American industries. The strategic investment is expected to generate over 100,000 direct and indirect job opportunities, with 14,000 full-time positions created directly by the Group.
This bold move reflects Hyundai’s long-term vision to drive innovation, boost local production, and build sustainable energy infrastructure throughout the U.S., reinforcing its decades-long partnership with American communities and industries.
Driving U.S. Manufacturing to New Heights
$9 Billion to Increase Vehicle Production to 1.2 Million Units Annually
As part of its investment, the Group is allocating USD 9 billion to expand its annual vehicle production capacity in the U.S. to 1.2 million units. This expansion will span across its Hyundai, Kia, and Genesis brands, strengthening its footprint in American automotive manufacturing.
Facility enhancements at Hyundai Motor Manufacturing Alabama and Kia Autoland Georgia will ensure continued delivery of high-quality, consumer-focused vehicles. These investments will help the Group better serve growing demand while supporting local economies with thousands of new jobs.
“Hyundai Motor Group is deepening its partnership with the United States, reinforcing our shared vision for American industrial leadership. The Group’s investment and efforts will further expand our operations in the U.S. and grow our American workforce. Thank you to our American partners, employees, and communities. We’re proud to stand with you, and proud to build the future together.”
Strengthening Supply Chains and Localizing Key Components
$6 Billion to Enhance Auto Parts, Logistics, and Steel Production
Another USD 6 billion is earmarked to increase the localization of automotive parts—including battery packs for electric vehicles—and strengthen the Group’s logistics networks. These efforts aim to form a robust auto cluster and ensure supply chain resilience amid global challenges.
A highlight of this plan is Hyundai Steel’s new Electric Arc Furnace (EAF) steel mill to be constructed in Louisiana. The mill will produce 2.7 million tons of low-carbon steel annually using U.S.-sourced scrap metal. This move bolsters the Group’s sustainability goals while increasing responsiveness to market shifts.
Investing in the Future of Mobility and Clean Energy
$6 Billion to Expand Innovation, Strategic Partnerships, and Green Energy Infrastructure
The Group is also investing USD 6 billion to lead the next wave of technological innovation, partnering with U.S. companies across robotics, AI, autonomous driving, and advanced air mobility (AAM).
Key initiatives include:
- Collaborating with Boston Dynamics to expand the U.S. robotics ecosystem and scale up production.
- Partnering with NVIDIA to develop AI-powered solutions for self-driving and robotic technologies.
- Advancing eVTOL development with Supernal, aiming to commercialize electric air vehicles by 2028.
- Supplying robotaxis to Waymo and co-developing autonomous driving with Aptiv.
- Supporting U.S. mobility and AI startups through venture capital investments.
On the clean energy front, the Group is taking decisive steps with:
- Hyundai Engineering & Construction’s collaboration with Holtec International on Small Modular Reactor (SMR) technology.
- Expanding renewable energy infrastructure.
- Investing in the IONNA EV charging alliance to ensure seamless EV adoption across the U.S.
Massive Job Creation and Economic Development
The Group’s investments are projected to result in over 100,000 new job opportunities—14,000 of which will be direct, full-time roles. These jobs span across production, logistics, R&D, and green energy sectors, energizing local economies nationwide.
Later this week, Hyundai will mark a major milestone with the grand opening of Hyundai Motor Group Metaplant America (HMGMA) in Georgia—the largest economic development project in the state’s history. Completed just two and a half years after breaking ground, HMGMA reflects the Group’s swift and strategic execution of its U.S. expansion goals.
Hyundai Motor Group’s Future-Forward Commitment
From local manufacturing and green energy to futuristic mobility technologies, Hyundai Motor Group’s $21 billion U.S. investment underscores a steadfast commitment to innovation, job creation, and sustainable growth.
Ready to learn more about Hyundai’s vision for America’s future? Stay connected and follow the Group’s journey as it powers the next chapter of mobility and energy innovation.