Hyundai to invest $50 billion to secure EV future

Tony Verhelle

March 28, 2024

Hyundai Group is investing more than 50 billion dollars in electrification /Hyundai

South Korean car manufacturing group Hyundai announced a massive $50 billion (68 trillion won) investment to secure its position as the auto market transitions to EVs. The Korean automaker will hire 80,000 people in Korea to help it become one of the top three EV makers in the world by 2030. Hyun
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