Hyundai Motor Group to invest $50 billion in S.Korea through 2025

0
43

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)



Source link