Photo: Hyundai
Hyundai jumps on the "Made in the USA" bandwagon with the Ioniq 5 poised to become its first electric car produced in the US. In October, the redesigned 2025 Hyundai Ioniq 5 will roll out of Hyundai's new Metaplant America in Bryan County, Georgia.
When the federal government announced the Inflation Reduction Act, Korean carmakers were hit the hardest because their EVs wouldn't qualify for the new tax credit. This led to poor sales of the company's highly praised Ioniq 5 EV and, later, the Ioniq 6 as well. Hyundai announced that it would build a new production facility in Georgia to address this issue, and it appears that the new plant is now up and running.
The first electric vehicle to roll off the new production line is the 2025 Hyundai Ioniq 5, which will launch later this year with significant upgrades. Currently, Hyundai Motor Group Metaplant America (HMGMA) is training its workers and preparing for trial production, with commercial production planned for October. The new plant will produce all trim lines with the exception of the sporty Ioniq 5 N. It will eventually be the sole facility producing Ioniq 5 models for the US market.
The 2025 Hyundai Ioniq 5 hasn't yet been announced in the US, although it should sport similar updates to those introduced in March in Korea. The most important change is the bigger battery, 84 kWh instead of the previous 77.4 kWh. In Korea, the redesigned model was advertised with 485 km (301 miles), up from 458 km (285 miles). The upgraded battery is even faster to charge thanks to redesigned circuitry, needing only 18 minutes to charge from 10% to 80%.
The Ioniq 5 was Hyundai's first electric model to adopt the company's E-GMP architecture. The most important characteristic is that it works at 800 volts, one of the first EVs to adopt the higher voltage standard. Thanks to the higher power capabilities, this allows impressively short charging times and better performance. Last year, Hyundai sold 34,000 units in the US, making the Ioniq 5 the sixth best-selling EV on the market. Things look good in 2024, with almost 15,000 units sold in the first five months.
Building the Ioniq 5 in the US will allow Hyundai to reap benefits from the federal tax credit, which now applies at the point of sale. Until the new model starts production at Metaplant America in October, people can still benefit by leasing the Ioniq 5 instead of buying it. To prevent the Osborne effect from affecting sales of the current model, Hyundai offers a $7,500 rebate to buyers of the 2024 Ioniq 5 in the US.
The Korean carmaker has invested $7.59 billion in the new production facility in Bryan County, Georgia, which will create 8,500 direct jobs. Additionally, a new battery factory built in partnership with SK On will create 3,500 more jobs in Bartow County, Georgia. According to a recent Center for Automotive Research study, Hyundai's investments in Georgia are expected to create nearly 40,000 jobs.
The first electric vehicle to roll off the new production line is the 2025 Hyundai Ioniq 5, which will launch later this year with significant upgrades. Currently, Hyundai Motor Group Metaplant America (HMGMA) is training its workers and preparing for trial production, with commercial production planned for October. The new plant will produce all trim lines with the exception of the sporty Ioniq 5 N. It will eventually be the sole facility producing Ioniq 5 models for the US market.
The 2025 Hyundai Ioniq 5 hasn't yet been announced in the US, although it should sport similar updates to those introduced in March in Korea. The most important change is the bigger battery, 84 kWh instead of the previous 77.4 kWh. In Korea, the redesigned model was advertised with 485 km (301 miles), up from 458 km (285 miles). The upgraded battery is even faster to charge thanks to redesigned circuitry, needing only 18 minutes to charge from 10% to 80%.
The Ioniq 5 was Hyundai's first electric model to adopt the company's E-GMP architecture. The most important characteristic is that it works at 800 volts, one of the first EVs to adopt the higher voltage standard. Thanks to the higher power capabilities, this allows impressively short charging times and better performance. Last year, Hyundai sold 34,000 units in the US, making the Ioniq 5 the sixth best-selling EV on the market. Things look good in 2024, with almost 15,000 units sold in the first five months.
Building the Ioniq 5 in the US will allow Hyundai to reap benefits from the federal tax credit, which now applies at the point of sale. Until the new model starts production at Metaplant America in October, people can still benefit by leasing the Ioniq 5 instead of buying it. To prevent the Osborne effect from affecting sales of the current model, Hyundai offers a $7,500 rebate to buyers of the 2024 Ioniq 5 in the US.
The Korean carmaker has invested $7.59 billion in the new production facility in Bryan County, Georgia, which will create 8,500 direct jobs. Additionally, a new battery factory built in partnership with SK On will create 3,500 more jobs in Bartow County, Georgia. According to a recent Center for Automotive Research study, Hyundai's investments in Georgia are expected to create nearly 40,000 jobs.
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