MENU
SEARCHHyundai Motor Group announced a significant increase in investment to $26 billion in the United States, which is expected to create 25,000 jobs in various areas.
Hyundai Motor Group will increase its investment in the United States over the next three years.
Photo: Hyundai
Hyundai Motor Group announced that it will increase its planned investment in the United States to USD 26 billion between 2025 and 2028. This represents an additional USD 5 billion beyond the USD 21 billion allocation announced in March 2025. The funding will be directed toward projects in automotive, steel, and robotics.
Steel manufacturing: Construction of a new steel mill in Louisiana intended to supply U.S. industries, including automotive manufacturing.
Automotive production: Expanded production capacity in the United States by Hyundai Motor Company and Kia Corporation.
Robotics facility: Establishment of a robotics site with an annual capacity of 30,000 units, to be used for design, manufacturing, testing, and deployment.
The Group anticipates that these initiatives will generate approximately 25,000 direct jobs in the United States over the next four years.
Hyundai Motor Group’s U.S.-based affiliates, including Boston Dynamics and Motional, will continue work in robotics and autonomous driving. The company also plans to broaden collaboration with American firms in areas such as artificial intelligence, robotics, and autonomous technologies.
Since entering the U.S. market in 1986, the Hyundai Motor Group has invested over USD 20.5 billion.
CARA recently opened up a part-time executive director position and appointed Johan Verbois for the role.
Read More →
Subaru introduces the all-electric 2027 Getaway, a three-row SUV with 420 hp, over 300 miles of range, and fast-charging capability, expanding its EV lineup.
Read More →
The GM Fleet name aligns to how customers identify us and it also helps with discoverability, the company said.
Read More →
At NAFA I&E 2026, WEX debuted an EV solution that adds a layer of verification to help fleets track, validate, and trust every at-home charging dollar.
Read More →
BBM research insights reveal that budget headaches might be less about costs than fleet pros think.
Read More →
Mercedes-Benz updates the 2027 GLE with revised powertrains, expanded electrification, updated suspension systems, and a new software platform, while retaining its core SUV lineup and capabilities.
Read More →
The Network of Employers for Traffic Safety (NETS) has tapped Art Kinsman for a new leadership role as Chief Strategy Officer.
Read More →
Agero is acquiring Urgently, combining two tech-driven roadside assistance providers. The deal expands AI-powered dispatch, data capabilities, and service scale across fleet and mobility markets.
Read More →
Nissan's hybrid powertrain with dual-motor all-wheel drive adds refinement and updated driving characteristics in the Rogue.
Read More →
Volkswagen revealed the redesigned 2027 Atlas, featuring updated styling, new in-cabin technology, and a more powerful turbocharged engine ahead of its launch later this year.
Read More →
