Hyundai Motor to invest over $50 billion in South Korea between 2024–26

Briefing
Software-Defined Vehicles

The investments are aimed at securing future growth engines through constant change and innovation even in the era of Big Blur

South Korean automaker Hyundai Motor Group plans to make a big-ticket investment of 68 trillion won (over $50 billion) on research and development projects, capacity expansion and recruitment of new talent between 2024–26, as the company prepares to transition to zero-emission mobility, Hyundai announced March 27.

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