Hyundai Motor's Georgia plant is expected to open this week with an annual production capacity of 500,000 vehicles

2025-03-25 08:11:26

Hyundai Motor Group announced on March 25 that the U.S. Georgia Electric Vehicle Plant (HMGMA) plans to hold an opening ceremony later this week. The plant is currently expected to have an annual production capacity of 300,000 vehicles, but Hyundai Motor Group plans to increase this number to 500,000 vehicles.

Hyundai Motor

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Nvidia (NVDA.O): Blackwell chips have begun production at TSMC's chip factory in Phoenix, Arizona.
                            2025-04-14

                                    Li Lecheng, Secretary of the Party Leadership Group of the Ministry of Industry and Information Technology, meets with Sultan, Minister of Industry and Advanced Technology of the United Arab Emirates
                            2025-04-18

                                    BOE A: Net profit is expected to increase by 63% to 68% year-on-year in the first quarter of 2025
                            2025-04-15

                                    Faraday Future (FFIE.O) announced that it firmly opposes reverse stock splits and is committed to maintaining its listing status on Nasdaq. CEO Mark will meet with White House decision makers.
                            2025-04-17

                                    Nvidia unwavering in serving China market, says Jensen Huang
                            2025-04-17