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

Hyundai Motor Group plans to invest 63 trillion won ($49.86 billion) in South Korea by 2025 to strengthen its competitiveness in various business sectors.

Hyundai Motor Group on Tuesday said it has invested 63 trillion won ($49.86 billion) in South Korea by 2025 to strengthen its competitiveness in various business sectors, including electrification, robotics and urban air mobility as well as autonomous driving technology. planned to do.

The South Korean auto group on Sunday announced its plans to invest more than $10 billion in the United States by 2025 to increase cooperation with US firms in advanced technology, including for new electric vehicle and battery facilities in Georgia. involving an investment of $5.5 billion.

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