HMG to turn out all green models of Hyundai, Kia, Genesis from new EV plant in Georgia

South Korea’s Hyundai Motor Group would roll out all green models of Hyundai Motor, Kia, and luxury marque Genesis from its first electric vehicle-dedicated plant in the United States possibly from 2024 to better respond to the Inflation Reduction Act restricting tax grants to EVs assembled in the U.S.

The Korean auto mogul in May had entered an agreement with the State of Georgia to complete an EV and battery facility with an annual capacity of 300,000 units at an investment of $5.54 billion in Bryan Country, near the Port of Savannah – the largest container terminal in the U.S. – in the first half of 2025. It had not specified then the models to be turned out from the new plant.

Ground-breaking was supposed to take place early 2023, but the IRA has hastened the construction timetable.

The facility in coastal Georgia will become the group’s first EV-dedicated plant for all three auto brands – Hyundai Motor, Kia and Genesis.