Hyundai Motor Group to Invest $51 Billion in Electric Vehicle Production and Mobility Businesses in South Korea.
Hyundai Motor Group announced plans to invest 68 trillion won ($51 billion) over three years in South Korea to increase production of electric vehicles and develop new mobility businesses. More than half of the investment will be allocated to research and development of new infrastructure and assembly lines for electric vehicles. Hyundai also confirmed its … Read more