Hyundai Motor to invest $50 billion in South Korea through 2025

Hyundai Motor said on Tuesday it prepares to invest 63 trillion won ($50 billion) in South Korea through 2025 to enhance its operations in different business fields, including electrification, robotics, and urban air mobility, and also autonomous driving technology.

The automaker on Sunday announced its plans to invest over $10 billion in the United States by 2025 to increase collaboration with American firms in advanced technology, robotics, urban air mobility, autonomous driving, and artificial intelligence, including its $5.5 billion investment in new electric vehicle and battery facilities in Georgia