Hyundai Motor plans to invest $1.1 billion in Brazil by 2032, with focus on technology, green hydrogen


Hyundai plans to launch the Kia EV5 and continue to expand its Brazilian electrification lineup in the near-to-mid term

South Korean automaker Hyundai Motor Group plans to invest more than $1.1 billion in Brazil by 2032 to focus on green hydrogen and other futuristic technologies, according to a press note released by the company on Feb. 23.

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