Hyundai Aims To Be A Top Three EV Maker By 2030, And It’s Investing $18 Billion To Get There

South Korea’s Hyundai Motor Group—led by billionaire Euisun Chung—announced on Tuesday that the conglomerate will invest $18 billion into its domestic electric vehicle manufacturing business amid the country’s efforts to lead global EV production.

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USA Apr 12, 2023 Add to Reading List

Hyundai Aims To Be A Top Three EV Maker By 2030, And It’s Investing $18 Billion To Get There

South Korea’s Hyundai Motor Group—led by billionaire Euisun Chung—announced on Tuesday that the conglomerate will invest $18 billion into its domestic electric vehicle manufacturing business amid the country’s efforts to lead global EV production.