SEOUL (Reuters) – Hyundai Motor Group mentioned on Tuesday it plans to invest 63 trillion received ($49.86 billion) in South Korea through 2025 to strengthen its competitiveness in totally different enterprise fields, together with electrification, robotics and concrete air mobility, in addition to autonomous driving know-how.
The South Korean auto group on Sunday introduced its plans to invest greater than $10 billion in the United States by 2025 to improve collaboration with U.S. companies in superior know-how, which incorporates its $5.5 billion funding for brand new electrical car and battery amenities in Georgia.
(Reporting by Heekyong Yang and Byungwook Kim; Editing by Christian Schmollinger)