Connect with us

Business

Hyundai Motor to invest $85.41 billion by 2032 to accelerate EV plans By Reuters

[ad_1]

© Reuters. FILE PHOTO: The logo of Hyundai Motor Company is pictured at the New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. REUTERS/Andrew Kelly/File Photo

SEOUL (Reuters) – South Korea’s Hyundai Motor Co plans to invest about 109.4 trillion won ($85.41 billion) in the period through to 2032, the company said on Tuesday, including around 35.8 trillion won allocated for electric vehicles (EVs).

($1 = 1,280.8200 won)

[ad_2]

Reuters

Source link