# Hyundai to invest $500 million in Montgomery hybrid production

Hyundai Motor Company announced a $500 million investment to shift production of the Tucson hybrid from South Korea to its Montgomery, Alabama plant, expanding capacity for engines, components, and electric powertrains.

- Type: Expansion
- Announced: 2026-09-30
- Where: Montgomery, Alabama, United States
- Value: $500.0M
- Status: announced
- Products: Hyundai Tucson hybrid, Santa Fe hybrid, electric powertrains
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Motor Company](https://endata.com/companies/6382.md)

## Sources

- [alreporter.com](https://www.alreporter.com/2026/09/30/hyundai-to-invest-500-million-in-montgomery-hybrid-production), 2026-09-30: "We are bringing the Tucson hybrids to Alabama, and then we will also bring the Santa Fe."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.