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Hyundai Motor Group Metaplant America (HMGMA) site view (Photo courtesy of Hyundai Motor Group) |
[Alpha Biz= Kim Jisun] SEOUL/WASHINGTON D.C., August 26, 2025 — Hyundai Motor Group Chairman Euisun Chung has announced an additional investment of approximately KRW 7 trillion (USD 5 billion) in the United States, further supporting economic cooperation between Korea and the U.S. This brings the Group’s total U.S. investment from USD 21 billion to USD 26 billion (approximately KRW 36 trillion).
The new commitment will be directed toward previously announced initiatives, including the construction of a new robotics plant and the expansion of vehicle production capacity in the U.S.
Hyundai Motor Group plans to build a robotics plant with an annual capacity of 30,000 units, positioning it as a hub for robotics manufacturing in the U.S. and as a key player in the emerging robotics ecosystem. Specific details regarding the new facility have not yet been finalized.
In addition to robotics, the Group will deepen collaborations with leading U.S. companies in autonomous driving, artificial intelligence (AI), and software-defined vehicles (SDVs), while accelerating commercialization through U.S. affiliates such as Boston Dynamics and Motional.
Chairman Chung also met with Jensen Huang, CEO of NVIDIA, during the Korea-U.S. Business Roundtable in Washington, D.C., held alongside the bilateral summit between President Lee Jae-myung and U.S. President Donald Trump. Industry observers expect this meeting to add further momentum to Hyundai’s transition to SDVs.
The additional investment will also significantly increase Hyundai’s U.S. vehicle production capacity, which stood at 700,000 units last year. The Group plans to expand production across electric vehicles (EVs), hybrids, and internal combustion engine models to respond more swiftly and proactively to U.S. consumer demand.
Furthermore, Hyundai affiliates in parts and logistics will expand local facilities, boosting the localization rate of components and securing critical EV parts such as battery packs within the U.S. supply chain. In addition, Hyundai Motor Group will construct a 2.7 million-ton electric arc furnace steel mill in Louisiana, providing low-carbon, high-quality steel for key strategic industries in the U.S. Once completed, the facility will enable the Group to establish a comprehensive value chain in the U.S. spanning steel, parts, and finished vehicles, enhancing its competitiveness.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
