HSBMA

HSBMA (Hyundai-SK Battery Manufacturing America) LLC. is the joint venture company between Hyundai Motor Group and SK on. The joint venture plans to invest $5 billion to build an EV battery cell plant in Bartow County, Georgia.

Hyundai Motor Group and SK On will each hold a 50 percent stake in the joint venture.

The new plant created by the two companies is expected to start manufacturing battery cells in the second half of 2026 with an annual production capacity of 35 GWh, enough to support the production of 300,000 EVs a year.

The future Bartow County plant in northwest Georgia is strategically located near Hyundai Motor Group’s existing and planned U.S. facilities.