Hyundai just built a $7.6 billion EV factory in Georgia to compete with Tesla and GM — see inside

A Hyundai Ioniq 5 on the assembly line.

Benjamin Zhang/Business Insider

• The Hyundai Motor Group Metaplant America is an all-new $7.6 billion EV factory.
• HMGMA, located near Savannah, Georgia, opened its doors in March of this year.
• The factory will be able to build 500,000 EVs and Hybrids for Hyundai, Kia, and Genesis every year.

The $7.6 billion Hyundai Motor Group Metaplant America, or HMGMA, is one of the newest and most technologically advanced car factories in the world.