Georgia Governor Brian Kemp announced Thursday that Hyundai Motor Group and LG Energy Solution will invest an additional $2B in their battery cell manufacturing joint venture at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3B. This expansion will create another 400 new jobs. In May 2023, Hyundai Motor Group and LGES signed a memorandum of understanding establishing LGES as the partner for Hyundai Motor Group Metaplant America’s onsite battery cell manufacturing JV. With today’s announcement, the EV manufacturing facility and the battery JV represents an estimated $7.59B in investment and will create 8,500 new jobs for the region over the next eight years.
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