- The Group to invest a total of USD 21 billion in the U.S. from 2025 to 2028
- USD 9 billion to expand U.S. automobile production to 1.2 million units annually
- USD 6 billion to enhance parts, logistics and steel business, increasing the localization of auto parts and strengthening supply chains
- USD 6 billion to expand future industries and strengthen external partnerships and energy infrastructure, including EV charging
- Investment is expected to create more than 100,000 direct and indirect job opportunities by 2028, including 14,000 direct full-time jobs
Hyundai Motor Group Commits to U.S. Growth with USD 21 Billion Investment in Olive Branch, MS
Homer Skelton Hyundai's Blog | Hyundai Motor Group Commits to U.S. Growth with USD 21 Billion Investment
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