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Hyundai’s $5B battery plant opens with enough capacity to power 300,000 EVs a year
Hyundai opened its new $5 billion EV battery plant in Georgia with enough capacity to power about 300,000 electric vehicles a year. The first of which will be used in the three-row IONIQ 9.
AI Summary
Hyundai opened a new $5 billion electric‑vehicle battery plant in Georgia. The facility can produce enough batteries to power roughly 300,000 electric vehicles each year. The first batteries produced will be installed in the company’s three‑row IONIQ 9 sedan. The plant’s opening marks the start of Hyundai’s domestic battery production effort.
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