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.

