Hyundai Motor Group and Georgia Governor Brian Kemp announced Friday that the South Korean automaker will open its first fully dedicated electric vehicle and battery manufacturing plant in southeast Georgia’s Bryan County. The future site of the facility will be located close to Interstate 16 about 20 miles northwest of Savannah.
Touting it as the largest economic development project in the state’s history, Governor Bryan Kemp said that it will create roughly 8,100 jobs. Hyundai expects to begin construction in January 2023, and once at full production in 2025, they plan to build up to 300,000 vehicles every year. The company will invest roughly $5.5 billion in the factory, with another $1 billion from suppliers.
This means a higher demand for homes in the Savannah and surrounding areas. With over 25 years of combined real estate experience, local realtors, Larry and Anastasia Phillips with Keller Williams Realty expect an influx of new home buyers in the Savannah market in the coming months. We welcome the employees of Hyundai and are committed to working diligently to help families secure homes in the great state of Georgia. Read the full artical below.