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 trillion (US$85 billion) over the next 10 years, including KRW 35.8 trillion (US$27.8 billion) for electrification. Production.
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