Hyundai and SK On Open $5 Billion Georgia Battery Plant

Hyundai and SK On opened a $5 billion joint-venture EV battery plant in Bartow County, Georgia. The facility, part of Hyundai's $12.6 billion Metaplant America, is in early production and will supply batteries for the IONIQ 5 and IONIQ 9. Annual capacity is expected to reach 35 GWh.