Hyundai Motor Group Commits to U.S. Growth with USD 21 Billion Investment in Olive Branch, MS

Hyundai Motor Group Commits to U.S. Growth with USD 21 Billion Investment

Brennon Chapman's Blog | Hyundai Motor Group Commits to U.S. Growth with USD 21 Billion Investment

  • 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
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