Reported 2 days ago
Hyundai Motor Group has announced plans to invest a record 24.3 trillion won ($16.7 billion) in South Korea this year, marking a 19% increase from previous investments. The investment will focus on research and development for next-generation vehicles, electrification, and production expansion, including a new plant for its innovative manufacturing technique for electric vehicles. This significant funding is aimed at navigating political and economic uncertainties as the automotive group seeks to secure future growth.
Source: YAHOO