Hyundai Motor Group to invest $5 billion in U.S. up to 2025

SEOUL (Reuters) -Hyundai Motor Group said on Sunday it planned to invest an additional $5 billion in the United States to strengthen collaboration with U.S. firms in advanced technology.

Source: www.reuters.com

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SEOUL (Reuters) - Hyundai Motor Group said on Sunday it plans to invest an additional $5 billion in the United States through 2025 to strengthen its collaboration with U.S. firms in diverse technologies, such as robotics, urban air mobility, autonomous driving and artificial intelligence.

Hyundai Motor Group, which houses Hyundai Motor Co and Kia Corp, on Friday announced its plans to invest $5.5 billion in Georgia to build electric vehicle and battery facilities.

Reporting by Heekyong Yang and Jack Kim; Editing by William Mallard

22-05-2022

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