Hyundai to invest $7.4b in US by 2025, will focus on electric cars, smart mobility

Hyundai to invest $7.4b in US by 2025, will focus on electric cars, smart mobility

REUTERS/Kim Hong-Ji

South Korea’s Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities, and further its investment in smart mobility solutions.