Hyundai invests record US$16 billion in South Korea to accelerate EV, SDV development

Jessica Tsai; Jerry Chen, DIGITIMES Asia Monday 13 January 2025 0

Credit: AFP

Hyundai Motor Group has announced a historic investment of KRW24.3 trillion (approx. US$16.655 billion) in South Korea, marking the largest investment in the company's history. The funds will be allocated toward the R&D and production in areas such...

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