Hyundai Motor Plans $450 Million Investment to Expand Alabama Plant in the U.S.

en.Wedoany.com Reported - On October 28, Hyundai Motor America Manufacturing Alabama (HMMA), the U.S. manufacturing subsidiary of South Korea's Hyundai Motor, plans to invest nearly $450 million to expand its automobile manufacturing plant in Montgomery, Alabama, U.S. The investment focuses on expanding production capacity for hybrid and extended-range electric vehicle (EREV) engines, upgrading vehicle manufacturing facilities, and preparing for production of the next-generation Tucson and the facelifted Santa Fe. An investment announcement event was held on the same day.

The project investment registered with the State of Alabama amounts to $412.89 million, with an expected 53 new full-time positions at an average hourly wage of $30.03. The overall publicly announced investment scale is nearly $450 million, covering engine capacity expansion and manufacturing facility upgrades for new models. The engine production line will increase its adaptability to different powertrains, including hybrid engines and extended-range electric vehicle power systems.

The vehicle manufacturing facilities will simultaneously undergo equipment upgrades and production adjustments to accommodate the next-generation Tucson SUV and the facelifted Santa Fe SUV. The next-generation Tucson is scheduled to enter production at the Montgomery plant by the end of 2026. Hyundai Motor previously confirmed that the Santa Fe extended-range electric vehicle will be launched in the first half of 2027 and will be manufactured at the Alabama plant.

The Montgomery plant currently employs approximately 4,200 workers and is responsible for producing models including the Tucson, Santa Fe, and Santa Cruz. This expansion is part of Hyundai Motor Group's $26 billion U.S. investment plan for 2025 to 2028. Under the latest investment arrangement, cumulative investment in the plant since production began in 2005 will reach nearly $2.2 billion.