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Hyundai Motor Group Metaplant America Celebrates Grand Opening, Powering U.S. Economic Growth

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Hyundai Motor Group Metaplant America, the key pillar of the Group’s $12.6 billion investment in Georgia and the largest economic development project in the state’s history, is now openVehicle assembly and battery plant will produce up to 500,000 electric and hybrid vehicles annually for Hyundai, Kia and Genesis brandsHyundai Motor Group commits to an additional $21 billion investment from 2025 to 2028 to drive U.S. manufacturing growthSince entering the U.S., Hyundai Motor Group has invested $20.5 billion in the U.S., creating directly and indirectly more than 570,000 American jobs

ELLABELL, Ga., March 26, 2025 /PRNewswire/ — Hyundai Motor Group Metaplant America (HMGMA) today hosted its Grand Opening celebration, as part of Hyundai Motor Group’s commitment to and investment in the U.S. The ceremony marks the completion of the largest economic development project in Georgia’s history, just two and a half years after breaking ground.

“Hyundai Motor Group Metaplant America not only represents the Group’s advanced manufacturing capabilities and commitment to innovation, but also our investment in relationships with our partners and communities right here in Georgia,” said Euisun Chung, Executive Chair of Hyundai Motor Group. “With the rich history of craftsmanship and manufacturing in this community, together with the talented workforce at HMGMA we are building the future of mobility with America, in America.”

The event was attended by Hyundai Motor Group Executive Chair Chung, Governor Brian P. Kemp, U.S. Representative Buddy Carter, Hyundai Motor Group Vice Chair Jaehoon Chang, Hyundai Motor Company President and CEO José Muñoz, Kia Corporation President and CEO Ho Sung Song, company officials, state and local leaders, HMGMA Meta Pro employees, and other distinguished guests.

“Hyundai Motor Group Metaplant America is a once-in-a-generation opportunity, made possible by our commitment to working with job creators to build fruitful partnerships for decades. Collaborations between HMGMA and Georgia’s universities and technical colleges, including Georgia Quick Start’s on-site training facility, are preparing Georgians for high-quality jobs of today and tomorrow, while our award-winning infrastructure, such as our ports connects companies to markets around the nation and globe,” said Governor Kemp during the event, highlighting the positive impact of the plant on the state’s economy as well as its role in advancing innovative manufacturing and cultivating a skilled labor pool in Georgia.

HMG entered into a landmark agreement with the State of Georgia in May 2022 to establish a cutting-edge electric and hybrid vehicle production and battery manufacturing facility in Ellabell, Georgia, located 20 miles outside of historic Savannah. By June 2022, HMGMA was officially formed, and within four months, the company broke ground on the project, setting an unprecedented pace for development.

On October 3, 2024, less than two years after breaking ground, the first vehicle – a Hyundai IONIQ 5 – rolled off the assembly line, marking a new era for the Group’s U.S. operations. Hyundai’s IONIQ 9 three-row electric SUV is also now in production at HMGMA and will be joined in 2026 by the first Kia model to be built at the facility.

In addition to manufacturing electric vehicles for Hyundai, Genesis, and Kia, the plant is also equipped to produce hybrid vehicles. HMGMA has the capacity to initially produce 300,000 vehicles annually.

Investment and Economic Impact
The Group’s investment in Georgia related to HMGMA and joint battery ventures with LG Energy Solution and SK On is $12.6 billion. This represents the largest single investment in the state’s history and includes a total of 8,500 jobs at HMGMA by 2031. The Group’s total investments in Georgia are expected to create nearly 40,000 direct and indirect jobs, and $4.6 billion in individual earnings every year, according to the Center for Automotive Research.

As of the end of 2024, more than $2.5 billion in capital investment and approximately 6,900 jobs have been announced by HMGMA suppliers in 12 counties across the state. This more than doubles the additional $1 billion investment by suppliers that was originally anticipated.

HMGMA exemplifies the Group’s dedication to fostering economic growth, driving technological advancements, and delivering sustainable solutions to the U.S. market. To date, the Group has invested more than $20.5 billion in the U.S. in the service of these goals, creating or supporting over 570,000 jobs nationwide. 

Earlier this week, the Group announced a significant investment of $21 billion in the U.S. from 2025 to 2028; $9 billion will be invested to establish an annual production capacity in the U.S. of 1.2 million vehicles. The Group plans to expand HMGMA’s annual production capacity to a total of 500,000 units, an increase of 200,000 units from the original plan. In addition, the Group’s existing U.S. production sites – Hyundai Motor Manufacturing Alabama and Kia Autoland Georgia – will also see improvements in production facilities.

A total of $6 billion will be allocated to enhance the Group’s parts and logistics business, as well as establishing an Electric Arc Furnace-based integrated steel mill in the U.S. through its affiliate, Hyundai Steel, with an annual steel production capacity of 2.7 million tons. The mill will supply high-quality automotive steel plates to HMGMA when commercial steel production begins in 2029.

The Group will invest an additional $6 billion to drive innovation and expand strategic partnerships with U.S. companies in areas including autonomous driving, robotics, artificial intelligence (AI), and advanced air mobility (AAM).

Through this $21 billion commitment to drive U.S. manufacturing growth, the Group anticipates it will create 14,000 new direct full-time jobs in the U.S. by 2028. The overall economic impact is expected to generate more than 100,000 direct and indirect job opportunities across related industries. 

Technology and Design
HMGMA’s architecture blends advanced technology with design elements that reflect Hyundai’s brand identity and the natural beauty of the Savannah area.

HMGMA has integrated a variety of proof-of-concept manufacturing technologies and systems from Hyundai Motor Group Innovation Center Singapore (HMGICS), scaling these to accommodate the larger production volume at the Georgia facility.

For example, all HMGMA’s processes – order collection, procurement, logistics and production – are optimized using AI and real-time data, and cutting-edge robotics and vision systems ensure high-quality vehicle production. These innovative manufacturing systems help create a human-centered work environment with robots assisting human workers, improving efficiency.

HMGMA expands its mixed-model production capability and integrates various robot processes to enhance automation, including automated guided vehicles for an optimized logistics system, Boston Dynamic’s Spot for exterior quality inspection in the weld shop, and parking robots in the assembly shop. Automation in HMGMA’s assembly shop is nearly double that of the Group’s existing facilities.

“It’s a historic moment that our state-of-the-art smart plant is officially open,” said Oscar Kwon, CEO of HMGMA. “It is as important for us to create a comfortable and welcoming work environment for our Metaplant employees, also known as Meta Pros, as it is for us to create an energy-efficient and technologically advanced plant. It is essential for our Meta Pros to be happy, comfortable and safe in their work environment for long-lasting careers at HMGMA.”  

All the work zones, from office to production areas, have been designed to encourage communication and build team collaboration. The designs feature open layouts with ample daylight and indoor landscaping. Production areas, such as those in the assembly building, have team centers with skylights delivering natural light at the center of the building and can be used for employee breaks and meetings. 

The 3,050-foot-long front of the HMGMA building’s exterior is lit in two parallel lines, inspired by a stream, and outlines an area where interstate travelers can view the vehicles as they travel by conveyer from paint to general assembly.  

A solar parking lot located at the front of the site will generate 5.2 megawatts of energy, accounting for roughly five percent of the Metaplant’s total power consumption. The solar panels are installed above 1,878 parking spaces, providing shade for vehicles while simultaneously producing electricity.

A 41-acre ecological park that includes trails, running tracks, sports fields, and picnic areas will feature prominently in front of the Metaplant – all for Meta Pros to enjoy before or after work. Construction of the park is ongoing.

Hydrogen Ecosystem
HMGMA has deployed Hyundai Motor XCIENT heavy-duty hydrogen fuel-cell electric trucks for clean logistics operations. A total of 21 XCIENT trucks are currently in operation, representing more than a third of the Glovis America truck fleet at HMGMA, which transport vehicle parts from suppliers across the region to the 2,906-acre Megasite where HMGMA is located on a daily basis.

This industry-leading initiative represents a significant step forward in HMGMA’s leadership efforts to both reduce its carbon footprint and actively promote sustainable practices in daily logistics operations.

Community Engagement
Working under Hyundai Motor Group’s global vision of shaping a better future for humanity through smart mobility solutions and sustainable innovation, Hyundai Motor has supported several non-profit organizations that have had a positive impact on the community, especially in the areas of education, safety and sustainability. Since 2022, Hyundai and Genesis, along with various social responsibility initiatives and nonprofit organizations, have donated nearly $4.5 million to local organizations in Georgia.

Kia’s Autoland Georgia factory in West Point has provided over $22 million in support of Georgia communities since 2009, including more than $6 million to support educational programs such as the THINC College & Career Academy, and SAE’s “A World in Motion.”

About HMGMA 
Hyundai Motor Group Metaplant America (HMGMA) is Hyundai Motor Group’s first dedicated electrified vehicle mass-production plant located in Bryan County, GA. The new plant boasts a highly connected, automated, and flexible manufacturing system, which organically connects all elements of the EV and hybrid ecosystem to realize customer value. The Georgia facility is an intelligent manufacturing plant. All processes of production—order collection, procurement, logistics and production—are optimized utilizing AI and data. The innovative manufacturing system also helps create a human-centered work environment with robots assisting human workers.

About Hyundai Motor Group
Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel, and construction, as well as logistics, finance, IT, and service. With about 250,000 employees worldwide, the Group’s mobility brands include Hyundai, Kia, and Genesis. Armed with creative thinking, cooperative communication and the will to take on any challenges, we strive to create a better future for all. More information about Hyundai Motor Group can be found at: http://www.hyundaimotorgroup.com or Newsroom: Media Hub by Hyundai, Kia Global Media Center (kianewscenter.com), Genesis Media Center.

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SOURCE Hyundai Motor America

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TiTE x IHT 2026: The Definitive Hub for Taiwan’s Hardware Manufacturing Excellence

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TAICHUNG, May 6, 2026 /PRNewswire/ — When sourcing from Taiwan, location is the ultimate strategic advantage. Don’t be misled by smaller, general trade shows held in city centers like Taipei. To truly connect with the source, you must go where the products are born. TiTE x IHT (Oct 20-22, 2026) in Taichung is the undisputed largest and most vital hardware industrial expo on the island. Hosted directly in the heart of Taiwan’s precision manufacturing cluster, this event features 1,000+ booths and 500+ top-tier manufacturers, offering a scale and industrial depth that no other exhibition can replicate.

Why Global Buyers Choose the Taichung Source Over Urban Trade Shows:

The Revolutionary “Exhibition as Factory” Model: Taichung is the global epicenter for hardware, home to 70% of Taiwan’s industry output. Our unique location enables the “30-Minute Sourcing Circle.” This allows you to verify high-end samples on the show floor in the morning and audit world-class production lines by the afternoon. By eliminating the travel gap between the booth and the factory, we reduce traditional procurement cycles from weeks to hours, providing unmatched transparency for R&D, capacity assessment, and quality control.ESG & CBAM Compliance for Western Markets: As the EU’s Carbon Border Adjustment Mechanism (CBAM) and global ESG mandates reshape trade, our exhibitors are already ahead of the curve. Discover CBAM-ready solutions and green manufacturing processes specifically designed to meet the strict sustainability requirements of the European and American markets. We provide more than just tools; we provide carbon-footprint-managed resilience for your brand.AI-Driven Smart Manufacturing: Address global labor shortages and rising costs with Taiwan’s latest innovations. The 2026 expo focuses on “AI Empowerment,” showcasing collaborative robotics, automated digital inspection, and data-driven supply chain management. These technologies ensure lead-time stability and high-precision consistency for premium global brand owners.Direct Sourcing & Global Matchmaking: Skip the middlemen and trading agencies. Our “Global Buyer Day” offers exclusive, pre-arranged matchmaking with the actual OEMs/ODMs. This is the primary decision-making platform for major distributors seeking resilient, direct-to-factory partnerships that guarantee the best pricing and priority production slots.

Experience the synergy of smart manufacturing and global trade. Stop at the source—where the world’s hardware is actually built. Secure your competitive edge in the true heart of the industry.

【TiTE x IHT】

Date: October 20-22, 2026Venue: TICEC, Taichung, TaiwanRegister Now: https://accu.ps/g8MZ1SHousing Subsidy: https://forms.gle/34VHVxSrEw7g8GxDAOfficial Website: https://www.hardwareexpotw.com

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SOURCE TiTE x IHT

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KIST Accelerates U.S. Expansion of Quantum Deep-Tech Startups Through SelectUSA 2026

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SEOUL, South Korea, May 5, 2026 /PRNewswire/ — The Korea Institute of Science and Technology (KIST) President Oh Sang-rok announced that it will participate in the SelectUSA Investment Summit 2026 as part of a Korean delegation, together with quantum technology startups supported by the Ministry of SMEs and Startups under the Deeptech Project (DIPS).

The initiative, supported by South Korea’s Ministry of SMEs and Startups (MSS), is part of the government’s “Deeptech Incubator Project for Startups” (DIPS) initiative, which aims to nurture globally competitive deep-tech ventures.

KIST, which serves as the lead institution for the quantum technology sector under the program, said it will oversee the global commercialization efforts of participating firms. In particular, the “Global Bridge Program,” jointly developed with the U.S. Embassy in Korea in September 2025, is an official program designed to generate tangible overseas expansion outcomes by linking investment attraction with local market entry through diplomatic channels.

Organized by the U.S. Department of Commerce, the SelectUSA Investment Summit is the largest investment promotion event in the US, connecting international startups with venture capital firms, corporate investors and state-level economic development agencies.

It serves as an execution-oriented platform that extends to investment, corporate establishment, site selection, and tax incentives, and is considered a key entry gateway for deep-tech companies, including those in quantum technology.

KIST said participation in the summit is particularly significant for deep-tech sectors such as quantum technology, where access to the US innovation ecosystem is seen as key to growth.

The program is conducted in two stages. From April 30 to May 1, companies took part in a spin-off program hosted by the State of Maryland, which included visits to research institutions and tours of the regional quantum technology ecosystem.

During this period, the delegation also conducted localized activities with the Maryland state government and its economic development agencies, focusing on investment attraction, corporate collaboration, and joint R&D. In addition, on May 5, the delegation held discussions with U.S. Department of Commerce Deputy Secretary William Kimmitt on potential areas of cooperation.

The delegation will also meet officials from Fairfax County Government to explore collaboration and investment opportunities.

The main summit, currently ongoing from May 3 to May 6, features exhibitions, pitching sessions and meetings with US state representatives, with participating firms expected to engage in discussions on investment and market entry.

The delegation is structured to encompass the entire quantum industry rather than a single technology domain.

The Korean delegation comprises five startups, alongside Kyung Hee University Department of Future Science & Technology Commercialization Policy and Entrepreneurship, with approximately 20 participants forming an integrated ecosystem that combines research institutes, academia, and startups, enabling a full-cycle support system from technology validation to commercialization and global expansion.

One of the firms, OptiQ-Labs, was selected for an official pitching session on May 4, where it presented its laser-based optical modules designed for ion-trap quantum computing systems.

This highly competitive program selects only around 100 companies from more than 20,000 applicants worldwide. If selected as the winner of the pitching session, the company will receive follow-up meetings with U.S. state governments and economic development agencies, access to global investor networks, support for local entity establishment, and connections to site selection and tax incentive programs.

Other participating companies include QUAD, which develops single-photon detection technology; SLEEX, focused on underwater sensing; Elixir (StatUp AI), which works on quantum-classical hybrid algorithms for healthcare; and SQK (QMEDIC), specializing in physics-based imaging solutions.

KIST Project Director, Kang Sunjoon, said, “This program represents a critical milestone for Korean quantum startups to directly connect with global investors and industry ecosystems. Via the DIPS program, we are actively promoting the global commercialization of quantum technologies.”

Through its participation in SelectUSA, KIST has established a package-type global expansion model that integrates technology validation, investment attraction, and U.S. market entry.

The summit serves as a turning point for South Korea’s quantum sector, enabling startups to move into the next phase of validation, investment, and overseas expansion.

For more information, visit https://eng.kist.re.kr/.

About KIST 

KIST was established in 1966 as the first government-funded research institute in South Korea. KIST now strives to solve national and social challenges and secure growth engines through leading and innovative research.

About Participating Quantum Startups

QUAD, led by Chief Executive Officer, Oh Byung-doo, develops quantum sensing technologies based on superconducting nanowire single-photon detectors (SNSPDs), offering high sensitivity and precision with applications spanning quantum communication, quantum computing, semiconductor inspection, and defense.

SLEEX is developing an advanced perception technology that combines quantum LiDAR and electric field sensing to overcome limitations of existing underwater sensors, particularly by eliminating blind zones within the 0–2 meter range, with strong potential in autonomous navigation, maritime security, and defense, with Lee Jeho at the helm as Chief Executive Officer.  (https://www.thesleex.com)

Elixir, headed by Chief Executive Officer Jang Jung-kwon, develops a drug discovery and biomarker analysis platform based on quantum-classical hybrid algorithms, targeting the precision medicine market through the integration of bioinformatics and quantum machine learning. (statupai.com)

SQK develops medical imaging AI based on quantum-physics constraints, addressing the hallucination issues of conventional AI by ensuring physical consistency in CT and MRI reconstruction. Under the leadership of Chief Executive Officer Kim Yoon-hak, SQK is improving reliability and reducing the need for re-scans in clinical settings. (www.sqkcloud.com)

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SOURCE The Korea Institute of Science and Technology (KIST)

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Former Visa Asia Pacific Executive David Tay Joins YeahPay as Global Vice President

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SINGAPORE, May 6, 2026 /PRNewswire/ — YeahPay, the international payment brand under YEAHKA (9923.HK), has appointed David Tay, a former senior executive at Visa Asia Pacific, as Global Vice President, tasking him with overseeing the strategic direction and product ecosystem development of YEAHKA’s overseas payment business. The appointment comes as global digital trade enters a new phase defined by ecosystem integration, with payment infrastructure undergoing a generational shift in acceleration.

David Tay, a Singaporean national, is a rising leader in the payments industry. During his career at Visa, David played a key role in driving business growth across multiple Southeast Asian markets, demonstrating early promise in commercial insight and innovation. He subsequently moved into Visa’s Innovation division, where he rose to serve as Head of Innovation, leading Visa Pacific’s product innovation and new business.

In that capacity, David led the commercialization of cutting-edge payment paradigms including Visa Flex Credential and Pay by Palm. He was also involved in the evaluation and governance of strategic partners across the region, accumulating deep expertise in collaborating with banks, fintechs, and large-scale enterprise merchants.

David’s track record spans the full go-to-market lifecycle, from concept to pilot to scale, as well as deep capabilities in cross-institutional partnerships and ecosystem development. His appointment comes at an inflection point for YEAHKA’s international expansion. According to YEAHKA’s 2025 annual report, its overseas business delivered full-year Gross Payment Volume (GPV) surpassing RMB 5 billion, representing a 323.3% year-on-year surge from RMB 1.1 billion in 2024.

View original content:https://www.prnewswire.com/apac/news-releases/former-visa-asia-pacific-executive-david-tay-joins-yeahpay-as-global-vice-president-302763652.html

SOURCE Yeahka

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