Truly Understand the News.
Published loading...Updated

Hyundai's new $7.6 billion EV mega factory outside of Savannah, Georgia, is state-of-the-art facility that it hopes will help it compete with Tesla and GM

Summary by Business Insider
A Hyundai Ioniq 5 on the assembly line.Benjamin Zhang/Business InsiderThe Hyundai Motor Group Metaplant America is an all-new $7.6 billion EV factory.HMGMA, located near Savannah, Georgia, opened its doors in March of this year.The factory will be able to build 500,000 EVs and Hybrids for Hyundai, Kia, and Genesis every year.The $7.6 billion Hyundai Motor Group Metaplant America, or HMGMA, is one of the newest and most technologically advanced c…

Bias Distribution

  • 100% of the sources lean Left
100% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Business Insider broke the news in United States on Saturday, May 31, 2025.
Sources are mostly out of (0)