Hyundai Motor Group to invest $5 billion in U.S. through 2025 By Reuters

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

Hyundai Motor Group to invest $5 billion in U.S. through 2025 By Reuters


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© Reuters. Hyundai Motor Group Chairman Euisun Chung delivers remarks along with U.S. President Joe Biden on the automaker’s decision to build a new electric vehicle and battery manufacturing facility in Savannah, Georgia, as Biden ends his visit to Seoul, South K

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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.


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