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Hyundai, South Korea
Hyundai Motor Plans Record $16.7 Billion Investment In South Korea This Year
The world’s third largest automaker by volume, Hyundai Motor Group is investing in areas including hydrogen and electric vehicles.
Hyundai commits a record +$16.6 billion in Korea to develop new tech and EVs
The world’s third-largest auto group is going all-in to lead the shift to electrification. With plans to pour a
Hyundai Motor To Invest Record $16.6 Bn In South Korea
South Korea's Hyundai Motor Group said Thursday it plans to make a record $16.6 billion investment in the country, boosting EV and AI development, as it navigates geopolitical challenges and uncertainties.
Hyundai steps up investment plans
HMG, South Korea’s largest automotive group comprising Hyundai Motor and Kia Corporation, made public its investment plans after its executive chairman, Chung Euisun, urged the company’s executives and other staff to “guard against pessimism” amid the country’s current political turmoil and sluggish economic performance.
Hyundai Motor Group to invest $16.7 billion in South Korea this year
Hyundai Motor Group, including Hyundai Motor and Kia Corp, plans to invest 24.3 trillion won ($16.65 billion) in South Korea this year, it said in a statement on Thursday. That is a 19% increase from a year ago,
Hyundai Motor Group to invest record $16.7bn in South Korea this year
South Korea's Hyundai Motor Group said on Thursday it planned to boost domestic investment by 19% to a record 24.3tn won ($16.65bn) this year to ensure growth as it
Hyundai Motor Group to invest $16 bil. in Korea's next-generation mobility
Hyundai Motor Group announced a plan, Thursday, to invest 24.3 trillion won ($16.67 billion) in Korea this year, in a preemptive move to develop cutting-edge mobility solutions, focusing on electrification,
Hyundai plans record $16.7 bln investment in South Korea
South Korea's Hyundai Motor Group said on Thursday it planned to boost domestic investment by 19% to a record high of 24.3 trillion won ($16.65 billion) this year to secure future growth even as it grapples with economic and political uncertainties.
(LEAD) Hyundai Motor Group pledges record 24.3 tln-won investment in S. Korea to strengthen competitiveness
Hyundai Motor Group on Thursday pledged to invest a record 24.3 trillion won (US$16.6 billion) in South Korea this year to bolster future competitiveness amid uncertain global business environments. The annual investment plan represents a more than 19 percent increase from last
Hyundai to invest $16.6 billion in Korea in 2025, half of them for R&D
Hyundai Motor Group will invest an all-time high of 24.3 trillion won ($16.4 billion) in Korea in 2025, with almost half of them for research and development (R&D) to boost the domestic mobility environment.
1d
Hyundai pours $16.7bn into EV development at home as it braces for Trump tariffs
World’s third-largest carmaker is grappling with tougher competition abroad and sluggish demand in South Korea ...
1d
on MSN
Hyundai and Kia lose ground in their home country
Hyundai and Kia are at a critical juncture in their home market. Declining domestic sales, political unrest, and BYD's entry ...
14h
on MSN
Hyundai Launches $18,000 EV in Japan to Penetrate EV-Wary Market
South Korea's Hyundai Motor said on Friday it will introduce the cheapest compact electric car in Japan, to penetrate a ...
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