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Hyundai Considers Expanding Georgia Plant Capacity to Up to 800,000 Vehicles Annually

8/21/2026, 2:19:55 AM

Core Expansion Proposal

Hyundai Motor Co. is evaluating a substantial increase in the output of its Georgia-based Metaplant America facility. The company’s chief executive, José Muñoz, told CNBC that the planned annual capacity of 500,000 units could be raised to between 700,000 and 800,000 vehicles by 2028. The expansion would be part of a broader $26 billion investment program in the United States through that year. Hyundai has not confirmed the proposal, stating the plans remain under consideration.

Background & Market Context

Hyundai views the United States as its second-most important market after South Korea. The automaker currently produces roughly 40 % of the vehicles it sells in the U.S. (2024 data) and aims to raise that share to at least 80 % by the end of the decade. Achieving the higher capacity at the Georgia plant would make it the largest U.S. vehicle assembly operation by volume, surpassing existing facilities operated by Tesla and Toyota Motor.

Official Statements & Company Position

Hyundai later clarified that the expansion scenario is still being evaluated and no final decision has been made.

Data & Statistics

  • Current Metaplant America capacity: 500,000 vehicles per year.
  • Proposed capacity range: 700,000–800,000 vehicles per year (by 2028).
  • Total U.S. investment commitment: $26 billion through 2028.
  • Domestic-production share goal: 80 % of U.S. sales by 2030 (up from ~40 % in 2024).

Verbatim Quotes

  • “For us, the USA is the most important market in the world besides Korea, which is our headquarters,” — José Muñoz, CEO

These statements and figures outline Hyundai’s tentative strategy to scale U.S. manufacturing, reflecting both the company’s ambition to dominate the American market and the uncertainty that still surrounds the final approval of the expansion.