Hyundai Motor Group recently announced an ambitious investment plan totaling USD 21 billion in the United States, spanning from 2025 to 2028. This announcement reinforces Hyundai’s North American presence, emphasizing the strategic importance of the U.S. market for the South Korean automotive giant.
What is Hyundai’s total investment in the U.S. between 2025 and 2028?
Hyundai will invest a total of USD 21 billion in the United States over a four-year period, focusing on expanding industrial capacities, advancing cutting-edge technologies, and boosting sustainable energy infrastructure.
This move builds upon the group’s long history of investment, having already allocated approximately USD 20.5 billion to the U.S. market since 1986.
How many vehicles will Hyundai produce annually in the U.S.?
To bolster its production capacity, Hyundai Motor Group will allocate USD 9 billion to increase vehicle production to 1.2 million units annually. This expansion includes significant improvements to existing facilities, such as Hyundai Motor Manufacturing Alabama and Kia Autoland Georgia.
These efforts aim not only to increase volume but also to ensure high-quality vehicles aligned with an exceptional customer experience.
How does Hyundai plan to strengthen the automotive supply chain in the U.S.?
Hyundai will dedicate USD 6 billion to enhance logistics and increase localization of essential automotive parts, especially key components for electric vehicles (EV), such as batteries.
Additionally, Hyundai Steel, a subsidiary of the group, will establish a steel plant in Louisiana with an annual production capacity of 2.7 million tons, using recycled steel available in the U.S. This strategy aims to reinforce the flexibility and resilience of its supply chain against external uncertainties.
What strategic partnerships will Hyundai pursue in future technologies?
Another USD 6 billion will be invested to promote emerging technologies and strengthen strategic partnerships in areas such as autonomous driving, robotics, artificial intelligence (AI), and advanced air mobility (AAM).
Notable collaborations include:
- Expanding operations with Boston Dynamics to strengthen the robotics components ecosystem in the U.S.
- Cooperation with NVIDIA to accelerate AI solution development for autonomous mobility and robotics.
- Research and development with Supernal, Hyundai’s U.S. affiliate, to commercialize electric vertical takeoff and landing (eVTOL) vehicles by 2028.
- Partnership with Waymo and Aptiv to supply autonomous vehicles and jointly develop autonomous driving services.
- Financial support for U.S. startups specializing in mobility, robotics, and AI through investment funds and venture capital.
How many jobs will Hyundai create in the U.S. with this investment?
This investment is expected to create more than 100,000 direct and indirect job opportunities across various economic sectors in the U.S., including 14,000 direct full-time jobs by 2028.
As Hyundai stated: “We are deepening our partnership with the United States, reinforcing our shared vision for American industrial leadership. The Group’s investment and efforts will further expand our operations in the U.S. and grow our American workforce. We are proud to build the future together.”
The official inauguration of Hyundai Motor Group Metaplant America in Georgia, the largest economic development project in the state’s history, is scheduled for later this week, once again demonstrating the group’s commitment to economic growth and technological innovation in the United States.
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