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Automakers

Hyundai Group plans to invest $16.5B in Korea EV business

Hyundai flag
(Rick Wilking/REUTERS)
R
By:
Reuters
May 18, 2022 12:38 PM

SEOUL -- Hyundai Group plans to invest a total of 21 trillion won ($16.54 billion) through 2030 for the expansion of its electric vehicle business in South Korea.

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