Automakers

Hyundai commits $18 billion in Korea in shift to EVs

Hyundai Ioniq 6
The Ioniq 6 is the latest addition to Hyundai brand's lineup of Ioniq EVs.
B
By:
Bloomberg
April 11, 2023 10:58 AM

SEOUL -- Hyundai Motor Group has committed to a spend of around 24 trillion won ($18.2 billion) by 2030 as it seeks to increase production of electric vehicles.

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