Hyundai Mobis invested US$926 million for an electric vehicle components factory in Bryan County in the US state of Georgia.
It is in this area that Hyundai Motor Group, which is the parent of Hyundai Mobis, recently started construction of its electric vehicle factory in the US.
Hyundai Mobis follows a concept tried and tested by other manufacturers of the group by building its own components factory around it. These include various sensors for assisted or autonomous driving, as well as chassis, steering and braking systems – and, as in the Georgia case, also for electrification.
The Hyundai Mobis plant will begin construction in January 2023, with production due to start in 2024. The components will supply not only the Hyundai electric car plant in Bryan County, but also the Hyundai plant in Montgomery, Alabama, and Kia’s plant in Georgia.
“Hyundai Mobis’ investment project in Bryan County reflects an acceleration in the development of the EV supply chain in Georgia’s auto industry,” said H.S. Oh, Vice President of Hyundai Mobis Electric Powertrain Business Unit. “We’re going to be a major production player in the EV market, and that’s going to trigger more growth within the sector. Mobis is looking forward to providing high-quality work opportunities for the growing local workforce.”
The Hyundai Mobis production facility in Georgia is expected to employ at least 1,500 people.
“When we celebrated the groundbreaking of Hyundai’s new electric vehicle and battery manufacturing facility in Bryan County, we knew it would unleash a transformational job creation and investment in that entire region of our state,” said Governor Brian Kemp. “As we announced the second supplier in just two weeks to locate in that area, we’re excited to see their impact on the surrounding communities and the growing list of other job creators that will soon follow.”
The electric vehicle components that will be produced by Hyundai Mobis include ICCUs, electric drive units and battery systems including BMS.
Georgia is generally positioned as the center of the electric mobility industry. Since 2020, more than 30 EV-related projects have contributed investment of more than $13.3 billion and announced more than 18,100 jobs in Georgia.
On October 25, Hyundai Motor Group Metaplant America officially debuted in Bryan County at its first dedicated EV and battery manufacturing facility. In addition to Hyundai’s direct contribution to the region, offsite suppliers connected to the project are expected to invest approximately $1 billion in other locations throughout the state.
