In the next five years, Modern Automobile Group's domestic investment plan will exceed 610 billion yuan, setting a new record.
According to reports from Yonhap News Agency, Hyundai Motor Group announced on the 16th that it will invest 125.2 trillion Korean won domestically from next year to 2030, significantly exceeding the investment scale in South Korea from 2021 to 2025, reaching a historical high. The investment areas include future new technologies such as artificial intelligence, software-defined vehicles, electrification, robotics, and hydrogen; future research and development for mobile mobility; and the construction and maintenance of facilities. Through this medium to long-term investment, Hyundai Motor Group will gain momentum for future growth, nurture the artificial intelligence and robotics industries, develop a green energy ecosystem, and aim to strengthen South Korea's position as a global hub for innovative mobility. The group will also provide assistance to Hyundai and Kia's partners in relation to US tariffs, and expand mutually beneficial cooperation with partners.
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