# Hyundai and LG Energy Solution to build $6.3B EV battery plant in Georgia

Hyundai Motor Group and LG Energy Solution are building an electric battery facility as part of Hyundai's manufacturing campus in Georgia. The $6.3 billion project could supply batteries for 300,000 EVs per year and create 3,000 jobs, with production estimated to begin by late 2025.

- Type: New facility
- Announced: 2025-01-07
- Where: Georgia, United States
- Value: $6.30B
- Jobs: 3,000
- Starts operating: Q4 2025
- Status: under construction
- Capacity: batteries for 300,000 EVs per year
- Products: electric vehicle batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Motor Company](https://endata.com/companies/6382.md) (partner)
- [LG Energy Solution](https://endata.com/companies/11181.md) (partner)

## Sources

- [manufacturingdive.com](https://www.manufacturingdive.com/news/factory-construction-projects-to-watch-2025-tesla-lg-hyundai-samsung/735907/), 2025-01-07: "The facility could supply batteries for 300,000 EVs per year, which is the current projected output of the adjoining assembly plant."

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