Hyundai Motor Group Metaplant America moves up start of production to Q4 2024
Hyundai Motor Group Metaplant America (HMGMA) revealed that the official start of production has accelerated to the fourth quarter of 2024 with the grand opening celebration targeted for the first quarter of 2025. It was previously announced that production would begin in the first quarter of 2025.
Hyundai and Genesis electric vehicles, including the IONIQ 5, IONIQ 6, GV60, and Electrified GV70, along with the hydrogen-powered XCIENT Fuel Cell Truck, to be used for logistics needs between Hyundai’s manufacturing facilities and suppliers, the company stated.
Hyundai Motor Group is investing $7.59 billion to develop HMGMA, which will create 8,500 direct jobs. Additionally, Hyundai and SK On are building a $5 billion EV battery cell plant in Bartow County, Georgia that will employ 3,500 workers. According to a recent Center for Automotive Research study, Hyundai’s investments in Georgia are expected to create nearly 40,000 jobs and create $4.6 billion in individual earnings every year.
Hyundai is also actively developing a hydrogen mobility value chain at HMGMA as it announced at CES 2024. Through the Clean Logistics Project in the state, the Metaplant will utilize XCIENT Fuel Cell tractors to manage the logistics of the plant and its suppliers. XCIENT is Hyundai’s commercialized class 8 6×4 fuel cell electric model that has a proven record of real-world application and technological reliability around the world with more than 6.25 million accumulated miles. Hyundai is also developing the hydrogen refueling infrastructure needed to support this fuel cell activity. This collaboration is anticipated to stimulate economic growth and create job opportunities within the state.
Photo of Hyundai Motor Group
Press release https://shorturl.at/DELR8
