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Hyundai to invest in $5.5 billion factory near Savannah

@GovKemp / Twitter
Governor Brian Kemp speaks at an event marking Hyundai's $5.5 billion announcement.

Hyundai Motor Group will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ at least 8,100 workers.

It will be Hyundai’s first U.S. plant dedicated to assembling electric vehicles and will also produce vehicle batteries. The company says it will start construction early next year and in 2025 begin producing up to 300,000 vehicles per year.

This is the second majorelectric vehicle plant announced in Georgia in less than a year. Rivian Automotive plans to build a $5 billion electric truck plant in Walton and Morgan counties south of Athens, which is expected to employ about 7,500 workers.

Jeff has delivered morning news at WUGA Radio for more than a decade. He was among a team at CNN that won a George Foster Peabody Award in 1991 for an educational product based on the fall of the Soviet Union. He also won an Edward R. Murrow Award from Radio Television Digital News Association in 2007 for producing a series for WSB Radio on financial scams. Jeff is a graduate of the Babcock Graduate School of Management at Wake Forest University (MBA) and holds a BS in Business Administration from Campbell University, both in North Carolina.