Hyundai Motor Group has revealed plans to invest $21 billion in the United States between 2025 and 2028, marking a major step in its strategy to enhance manufacturing, drive technological advancements, and strengthen energy infrastructure across the country. This latest investment builds on the Group’s previous $20.5 billion allocation since it entered the U.S. market in 1986.
“Hyundai Motor Group is deepening its partnership with the United States, reinforcing our shared vision for American industrial leadership. Our investments and efforts will help expand our operations, grow our workforce, and shape the future of innovation,” said a representative from Hyundai Motor Group.
A significant portion of the investment, totaling $9 billion, will be used to increase the Group’s production capacity in the U.S. to 1.2 million vehicles annually across its brands—Hyundai, Kia, and Genesis. Enhancements will be made to facilities such as Hyundai Motor Manufacturing Alabama and Kia Autoland Georgia, all aimed at improving production efficiency and delivering top-quality vehicles to American consumers.
To further bolster its supply chain, Hyundai Motor Group will allocate $6 billion towards increasing the localization of essential automotive components, including EV battery packs. This includes expanding production facilities and investing in the steel sector, with Hyundai Steel planning to build an Electric Arc Furnace (EAF) steel mill in Louisiana. This new mill will produce 2.7 million tons of steel annually, focusing on low-carbon steel sheets, and will help increase the Group’s flexibility in responding to global supply chain challenges.
Hyundai is committing $6 billion to drive innovation across several advanced technological fields, including autonomous driving, robotics, artificial intelligence (AI), and advanced air mobility (AAM). This investment will support key projects designed to push the boundaries of mobility and automation, with a focus on creating next-generation solutions for the future.
As part of this initiative, Hyundai is partnering with Boston Dynamics to strengthen robotics capabilities in the U.S., aiming to establish a mass-production system. Additionally, the company is collaborating with NVIDIA to accelerate the development of AI technologies for autonomous vehicles and smart mobility solutions. This collaboration will contribute to faster advancements in autonomous driving systems, making mobility safer and more efficient.
In the field of AAM, Hyundai is expanding its research efforts with Supernal, its affiliate focusing on advanced air mobility. The goal is to commercialize an electric vertical take-off and landing (eVTOL) vehicle by 2028. The Group is also supplying Waymo with robotaxis and working alongside Aptiv to co-develop cutting-edge autonomous driving technologies. These initiatives reflect Hyundai’s commitment to shaping the future of mobility through groundbreaking technological advancements.
Additionally, the Group will invest in energy infrastructure, including partnerships with Hyundai Engineering & Construction and Holtec International to advance Small Modular Reactor (SMR) technology and support renewable energy initiatives. They will also invest in the IONNA EV charging alliance to enhance electric vehicle charging infrastructure. These efforts are expected to create 14,000 new full-time jobs directly and contribute to more than 100,000 total job opportunities across related industries.
In celebration of this ambitious expansion, Hyundai Motor Group will hold the grand opening of its Metaplant America in Georgia, marking the completion of the largest economic development project in the state’s history, just two and a half years after breaking ground. This project underscores the Group’s commitment to driving technological innovation and supporting sustainable solutions while contributing to the U.S. economy, with over 570,000 jobs expected to be created or supported nationwide.
