Monday, July 4

Hyundai Motor Group to invest $5 billion in US through 2025


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SEOUL — Hyundai Motor Group said on Sunday it plans to invest an additional $5 billion in the United States through 2025 to strengthen its collaboration with US firms in diverse technologies, such as robotics, urban air mobility, autonomous driving and artificial intelligence.

Hyundai Motor Group, which houses Hyundai Motor Co and Kia Corp, on Friday announced its plans to invest $5.5 billion in Georgia to build electric vehicle and battery facilities.

(Reporting by Heekyong Yang and Jack Kim; Editing by William Mallard)



financialpost.com