South Korean carmaker Hyundai Motor Group (HMG) has broken ground for its $5.54 billion manufacturing plant in Georgia, US, five months after announcing the investment, Kallanish reports.

The facility at the Bryan County mega site will produce both batteries and EVs, producing 300,000 vehicles per year. Commercial production is planned for the first half of 2025.

“With the Hyundai Motor Group Metaplant America, we will continue to evolve beyond an automaker to the world’s leading mobility solutions providers,” group’s ceo Euisun Chung said during a ceremony in Savannah, Georgia, on 25 October.

The project is set to create 8,100 jobs over the next few years and unlock another $1 billion from third parties involved in the supply chain. The facility will produce Hyundai, Kia, and Genesis BEV models, and run primarily on renewable power in addition to emission-reduction technology.

HMG plans to produce 3.23 million BEVs per year by 2030 globally, and become one of the top-three EV providers in the US. That sought EV market leadership isn’t restricted to sales, but also in terms of design, technology, and mobility solutions optimised for the e-mobility era, the company explains.