Hyundai Motor to invest $2.45bn in India by 2032 to boost EV ecosystem

TechCrunch
By Jagmeet SinghMay 11, 2023, 11:42 am146 pts
Hyundai Motor has announced that it plans to invest $2.45 billion (200 billion Indian rupees) over the next ten years in the southern Indian state of Tamil Nadu to bolster its plans for electric vehicles in the country. On Thursday, the South Korean company signed an agreement (a memorandum of understanding)…

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