Executives from Hyundai Motor Group and SK On pose with the signed MOU at SK Group Headquarters in November. The companies have now finalized plans for an EV battery manufacturing facility to supply Hyundai’s U.S. production facilities.

The $5 billion SK On/Hyundai electric vehicle battery plant west of Cartersville on U.S. 411.

The battery factory project was awarded in the Large Community category by the Georgia Economic Developers Association

Hyundai Motor Group and SK On won the Georgia Deal of the Year award in the large community category for a battery facility they are building in Bartow County. Melinda Lemmon, executive director of the Cartersville-Bartow County Department of Economic Development, nominated the Hyundai and SK On project for this honor. The awards were handed out at the Georgia Economic Development Association luncheon in Atlanta Nov. 13.

SK’s role in creating next-generation autos in the U.S. expanded last week as SK On and Hyundai Motor Group approved plans to set up a joint venture in Georgia to make battery cells for electric vehicles.

SEOUL -- South Korea's Hyundai auto group and SK on, the battery-making wing of SK Group, will jointly build an electric vehicle battery factory in the United States in an effort to meet requirements of the U.S. Inflation Reduction Act that took effect in March 2023 to only provide subsidies for carmakers which produce U.S.-made electric vehicles installed with batteries made on American soil.

Gov. Brian Kemp announced Thursday that Hyundai Motor Group and SK On chose a location in Bartow County to be the site that will help supply the automotive manufacturers plants across the country.

ATLANTA, Dec. 8, 2022 /PRNewswire/ -- Governor Brian P. Kemp today announced that Hyundai Motor Group (HMG) and SK On have selected a site in Bartow County for a new electric vehicle (EV) battery manufacturing facility that will supply Hyundai Motor Group's plants in the U.S. One of the largest economic development projects in state history, stakeholders estimate it will create more than 3,500 new jobs through approximately $4-5 billion of investment in Bartow County.

SEOUL—Hyundai Motor Co and SK On plan to invest about $1.88 billion to build a new joint venture battery factory in the United States.

Korean automaker Hyundai has announced a joint venture with SK On to construct a new battery manufacturing plant in the U.S.

SEOUL, Nov. 29 (Yonhap) -- Hyundai Motor Group said Tuesday it has signed an initial pact with car battery maker SK On Co. to secure batteries for its dedicated electric vehicle (EV) plant in the United States.

In one of the largest economic development projects in Georgia’s history, Hyundai Motor Group and SK On (a lithium-ion battery producer) is beginning to build an electric vehicle battery manufacturing facility in Kingston, GA, (northwest of Atlanta) set to open in 2025.