Skip to Content
Download Image

Hyundai Mobis plans Alabama EV battery module plant, creating 400 jobs

MONTGOMERY, Alabama — Governor Kay Ivey joined executives of Hyundai Mobis, one of the world’s largest auto suppliers, today to announce the company’s plans to invest $205 million to open an EV battery module plant in Montgomery that will eventually employ at least 400 people.

Once it reaches full production, the 450,000-square-foot facility will be able to supply over 200,000 EV batteries annually to the Hyundai Motor Manufacturing Alabama (HMMA) factory in Montgomery and the Kia Georgia plant.

“Alabama’s auto manufacturing sector is evolving rapidly to capitalize on the EV revolution that is sweeping the industry, and this new Hyundai Mobis battery plant represents another milestone in that transition,” Governor Ivey said.

“We’re excited about the company’s new investment and what it represents for the next chapter of automaking in Alabama,” she added.

Download Image
Rural Development

Summit: Rural Alabama poised for job growth as project momentum builds

Stay connected to what's happening in Alabama now.

  • Enter your email address to receive periodic updates on the evolution of business in Alabama.

Ready to start your company's next chapter in Alabama?

Alabama may be small in size, but its ability to accommodate businesses seeking success is vast. See why companies like Mercedes, Airbus, Hyundai, and Honda have decided to call Alabama home.

Find A Site Learn More About Alabama