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Hyundai To Build $5.5 Billion Electric Vehicle Plant In Georgia, Marking The State’s Largest Ever Economic Development Project

Ben Zeisloft
Hyundai To Build $5.5 Billion Electric Vehicle Plant In Georgia, Marking The State’s Largest Ever Economic Development Project
Elijah Nouvelage via Getty Images

The Georgia government announced Friday that Korean automaker Hyundai will pour $5.5 billion into the state for a new electric vehicle factory, marking the largest economic development project in Georgia history.

According to a press release from the office of Gov. Brian Kemp (R-GA), Hyundai and its affiliates are poised to create roughly 8,100 jobs in Georgia’s coastal region. The governor was joined by various Hyundai executives, including Hyundai CEO Jay Chang, for a ceremony on Friday afternoon.

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