Hyundai announces new Georgia plant's $1B parts supplier

José Muñoz, global president and COO of Hyundai Motor Company and the president and CEO of Hyundai and Genesis Motor North America, speaks at the AutoMobility LA Auto Show Thursday, Nov. 17, 2022, in Los Angeles. (AP Photo/Marcio Jose Sanchez)

South Korean automaker Hyundai has announced a second large supplier for its new electric car plant on the Georgia coast.

Hyundai Mobis plans to invest nearly $1 billion in a new facility in Bryan County that could employ around 1,500 workers, Georgia Gov. Brian Kemp said in a news release.

The plant in Richmond Hill will make powertrains for Hyundai’s electric vehicles manufactured at its new plant scheduled to open in 2025 about 30 miles (48 kilometers) west of Savannah as well as components for a Kia plant in West Point and another Hyundai plant in Montgomery, Alabama, officials said.