Modern US electric car factory to start trial production in April next year, with annual output to expand to 500,000 vehicles

A US electric car factory will start trial production in April next year and plan to expand annual output to 500,000 vehicles

【PhoneAuto News】Since Hyundai Motor announced its electric vehicle factory in the United States, it has been highly concerned by the industry. The latest news that PhoneAuto has learned is that the factory may start trial production as early as April next year.

Hyundai electric vehicle

According to industry sources, Hyundai’s electric vehicle factory, built in Georgia, USA, may start trial production as early as April next year. Previously, Hyundai hinted that it would increase the annual output of the factory to 500,000 vehicles. In order to cope with the US inflation reduction bill, the company is working hard to accelerate the construction speed of the US factory from 2025 to 2024. Therefore, it is still possible to start trial production in April next year.

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PhoneAuto learned that Hyundai announced an agreement with Georgia in May last year to invest $5.54 billion to build a factory and battery factory dedicated to producing electric vehicles. Months later, Hyundai’s electric vehicle and battery factory in Georgia officially started construction. Officials said that the factory will create more than 8,100 jobs in the next few years. In addition, after the factory is completed, it plans to be used to produce a series of electric vehicles launched by Hyundai, Kia, and Genesis, the luxury car brand under Hyundai.

As for the battery factory, Hyundai and LG Energy Solution plan to build a $4.3 billion battery factory in Georgia, USA. This new cooperation project will become an important part of Hyundai’s electrification efforts in North America. It is reported that the construction plan of the battery factory is expected to start in the second half of 2023 and is expected to start production at the end of 2025. LG Energy Solution and Hyundai have agreed to produce electric vehicle batteries in the factory to support Hyundai’s electric vehicle development strategy in North America.

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