Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider
Green Car Congress
JUNE 21, 2023
At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 By utilizing existing lines, construction time is much shorter than building new plants and can be ramped up quickly to meet EV demand.
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