Hyundai to Invest $26B in US Manufacturing; pledge revises an initial $21 billion commitment

Hyundai Motor Group will invest $26 billion across the U.S. between 2025 and 2028, revising its initial $21 billion commitment announced last March.

As part of this manufacturing investment, the automaker will build a new steel mill in Louisiana—its first overseas production base, as well as the first plant in the U.S. to integrate all stages of steel production. The company earmarked $5.8 billion for this project in Donaldsonville, La.

Hyundai will also develop a robotics facility bearing an annual capacity of 30,000 units, slated to serve as a hub for design, manufacturing, testing and deployment. The company acquired Boston Dynamics in 2021 and, earlier this year, revealed plans to utilize bipedal robots at its auto factories.

Hyundai Motor Group
Chad Shahin | Senior Group Manager, Real Estate & Facilities Operations, Hyundai North America

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