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Hyundai Motor Group to build $5.54B EV plant and battery factory in Georgia

Green Car Congress

Hyundai Motor Group (HMG) entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the US. The new EV plant and battery manufacturing facilities represent an investment of approximately US$5.54

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Georgia Tech launches manufacturing institute

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The Georgia Institute of Technology (Georgia Tech) has launched an interdisciplinary research institute to promote a technologically advanced and globally competitive manufacturing base in the United States.

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SK Innovation to build $1.67B EV battery manufacturing plant in Georgia

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billion to build a new electric vehicle (EV) battery manufacturing plant in Georgia. Based on these technological capabilities, SK innovation has signed supply contracts with major automakers including Hyundai Motor Group, BAIC Group and Daimler AG. The new plant will be located in Jackson County, Georgia.

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DOE: EV battery manufacturing capacity in N America in 2030 projected to be nearly 20 times greater than in 2021

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A wave of new planned electric vehicle battery plants will increase North America’s battery manufacturing capacity from 55 Gigawatt-hours per year (GWh/year) in 2021 to 998 GWh/year by 2030, according to the US Department of Energy (DOE). To optimize supply chain logistics, many battery plants will be co-located with automotive plants.

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Hyundai Motor Group and LG Energy Solution to invest additional $2B in Georgia battery manufacturing JV

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Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3 With the new announcement, the EV manufacturing facility and the battery JV represents an estimated $7.59

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Toyocolor to supply SK Innovation with Lioaccum conductive CNT dispersions for Li-ion cathodes

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the colorants and functional materials division of Japan’s Toyo Ink Group, will supply the North American and European operations of SK Innovation, a South Korean lithium-ion (li-ion) battery manufacturer, with Toyocolor’s Lioaccum series of conductive carbon nanotube (CNT) dispersions. Toyocolor Co.,

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Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia

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In November 2022, the Group signed a memorandum of understanding (MOU) with SK On to secure EV battery supply for North America. The new plant is expected to start manufacturing battery cells in the second half of 2025 with an annual production capacity of 35 GWh, which is sufficient to support the production of 300,000 EVs.

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