Hyundai Motor to invest $18B in South Korea’s EVs by 2030

TechCrunch
By Rebecca BellanApr 11, 2023, 5:33 pm151 pts
Hyundai Motor Group will invest 24 trillion won (~$18 billion) in South Korea’s electric vehicle industry through 2030, the company said Tuesday. The news comes a week after Kia, which falls under the Hyundai umbrella, announced its own 32 trillion won (~$24 billion) investment into electrification and future…

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