This new commitment represents an additional $5 billion in addition to the $21 billion announced in March 2025. Hyundai's expanded investments underscore its strategic focus on automotive, steel, and robotics.
Strategic steel production in Louisiana
As part of the plan, Hyundai will build a new steel mill in Louisiana. The facility is designed to strengthen domestic industrial capacity, especially in the automotive sector, ensuring the sustainability of steel supply chains in the face of global trade and market challenges.
Expansion of automotive production in the USA
Hyundai Motor Company and Kia Corporation will significantly expand their production facilities in the USA, This will make it possible to respond faster and more effectively to American consumer demand and contribute to domestic economic growth.