Hyundai Announces Another $4.3 Billion Battery Plant In Georgia | Carscoops

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Hyundai Announces Another $4.3 Billion Battery Plant In Georgia | Carscoops
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Another Hyundai battery plant is coming to Georgia to supply its upcoming Savannah EV manufacturing facility car auto cars

The new battery plant is just the latest the Hyundai Group has planned for Georgia, having announced a $5 billion battery production location in Bartow County in April.

another is also in the works, and all aim to start producing batteries for automobiles in the second quarter of 2025, when the Meta Plant is ready to start producing vehicles.The newly announced battery facility is likely to help Hyundai and Kia EVs qualify for federal tax subsidies worth up to $7,500 for buyers of new electric vehicles.

The groundbreaking ceremony for the new Savannah battery facility is expected to take place in the second half of this year.

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