# Hyundai Mobis to build $205M EV battery module plant in Montgomery

Hyundai Mobis announced plans to invest $205 million to open an EV battery module plant in Montgomery, Alabama, creating at least 400 jobs. The 450,000 sq ft facility will supply over 200,000 EV batteries annually to Hyundai and Kia plants.

- Type: New facility
- Announced: 2022-10-28
- Where: Montgomery, Alabama, United States
- Value: $205.0M
- Jobs: 400
- Status: announced
- Capacity: over 200,000 EV batteries annually
- Products: EV battery modules
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Mobis](https://endata.com/companies/10831.md)

## Sources

- [alreporter.com](https://www.alreporter.com/2022/10/28/hyundai-mobis-plans-ev-battery-module-plant-in-montgomery), 2022-10-28: "Hyundai Mobis plans to invest $205 million to open an EV battery module plant in Montgomery that will eventually employ at least 400 people."

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