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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,
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Hyundai Motor said on Sunday it would invest another $5 billion in the United States by 2025 to strengthen collaboration with American companies. The announcement was made during a visit
Hyundai Motor said on Wednesday it is preparing to invest a total of 21 trillion won ($16.54 billion) through 2030 for expanding its electric vehicle (EV) business in South Korea.
Hyundai Motor launched a new auto plant on Wednesday that will produce the first locally assembled electric vehicle in Indonesia. The project is part of President Joko Widodo’s goal of
Hyundai Motor said on Wednesday it thought of investing about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10 billion) for electric vehicle (EV) related businesses.
Hyundai Motors’ luxury brand Genesis said on Thursday it would cut out all gas-powered cars by the end of the decade and that its luxury vehicles debuting 2025 onwards will operate
Hyundai Motor and LG Energy Solution said on Thursday they would establish a joint venture in Indonesia to establish a battery cell plant for electric vehicles (EV), investing $1.1 billion.
South Korea’s Hyundai Motor said on Thursday it is planning to invest $7.4 billion in the United States by 2025 for producing electric vehicles, upgrade production facilities, and increase its
Hyundai Motor Group said on Thursday it prepares to launch electric vehicles in China every year starting by 2022 to strengthen its presence in the country. The automaker said it
Hyundai Motor will replace battery systems in some 82,000 electric vehicles worldwide because of fire risks – a costly $900 million recall that lays bare the thorny issue of how
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