Hyundai Motor to invest $55bn, increase US production by 2030

South Korean automaker aims to produce 80% of its cars sold in America locally

20250918 Hyundai

Hyundai Motor is expanding its plant in the U.S. state of Georgia, as it works to increase the share of locally made cars sold in the U.S. (Hyundai Motor)

NAMI MATSUURA

SEOUL -- Hyundai Motor will invest 77.3 trillion won ($55.8 billion) over five years, starting in 2026, a 10% increase from its 2024 plan, the South Korean automaker announced Thursday.

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