Hyundai Completes U.S. EV Vertical Integration as Battery Plants Near Launch

Hyundai Motor Group is set to begin operations at battery plants in Georgia, jointly established with LG Energy Solution and SK On, with one facility starting this month and the other later this year.

Once fully ramped up, the group will secure annual EV production capacity exceeding 600,000 units in the U.S. LG Energy Solution’s plant will have an annual capacity of 30 GWh, supplying cells for models such as the Ioniq 5 and Ioniq 9 produced at HMGMA. Meanwhile, SK On’s 35 GWh capacity will be converted into battery packs by Hyundai Mobis and fully supplied to Hyundai, Kia, and Genesis EVs manufactured in the U.S.