Hyundai to invest more than $50B in major EV push in South Korea

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8 months ago

SEOUL, South Korea — Hyundai on Wednesday revealed plans to invest more than $50 billion in South Korea by 2026, with a huge chunk dedicated to boosting the development and production of electric vehicles. Along with its affiliate Kia, Hyundai is the world’s third-largest automaker by sales, but the South Korean giant lags in the

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