# Hyundai Motor Group to invest $5.54B in EV and battery plant in Georgia

Hyundai Motor Group will invest $5.54 billion to open its first fully dedicated electric vehicle and battery manufacturing facility at the Bryan County Megasite in Georgia. The project, with an additional $1 billion from suppliers, is expected to create approximately 8,100 jobs.

- Type: New facility
- Announced: 2022-05-20
- Where: Bryan County, Georgia, United States
- Value: $5.54B
- Jobs: 8,100
- Status: announced
- Products: electric vehicles, batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [gov.georgia.gov](https://gov.georgia.gov/press-releases/2022-05-20/gov-kemp-hyundai-motor-group-invest-554-billion-georgia-first-fully), 2022-05-20: "Hyundai Motor Group will open its first fully dedicated electric vehicle (EV) and battery manufacturing facility in the State of Georgia."

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