News Formal

Hyundai Motor Group to invest US$18 billion in EV industry in South Korea by 2030

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

SEOUL: Hyundai Motor Group said on Tuesday (Apr 11) it planned to invest 24 trillion won (US$18.14 billion) in South Korea's electric vehicle (EV) industry through 2030 in a bid to bolster the EV ecosystem and strengthen its role in the global automotive industry. The investment plan by the group, which in

SEOUL: Hyundai Motor Group said on Tuesday it planned to invest 24 trillion won in South Korea's electric vehicle industry through 2030 in a bid to bolster the EV ecosystem and strengthen its role in the global automotive industry.

The new plant, the auto group's first plant in the country in almost three decades, is set to begin production in 2025.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hyundai Motor Group to invest $18 billion in EV industry in S Korea by 2030SEOUL :Hyundai Motor Group said on Tuesday it planned to invest 24 trillion won ($18.14 billion) in South Korea's electric vehicle (EV) industry through 2030 in a bid to bolster the EV ecosystem and strengthen its role in the global automotive industry. The investment plan by the group, which includes Hyundai
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »