Hyundai Motor Group announces a record $16.7 billion investment in South Korea for 2025, focusing on innovation, EV expansion, and advanced mobility.
Image source: By Alexander Migl - Own work, CC BY-SA 4.0
Hyundai Motor Group plans a landmark $16.7 billion domestic investment in 2025, marking a 19% increase from 2024.
Image source: HappyMidnight, CC BY-SA 3.0, via Wikimedia Commons
$11.5 billion is set aside for R&D, targeting electrification, hydrogen products, and next-gen mobility.
Image source: Free Malaysia Today, licensed under CC BY 4.0.
$12 billion will expand EV production, introducing new models to solidify Hyundai's market position.
Image source: pixabay
A new facility in Ulsan will use Tesla-inspired "hypercasting" for streamlined EV production.
Image source: Freepik
$800 million will fund autonomous driving technologies and other strategic areas.
Image source: Freepik
Hyundai's largest domestic investment aims to overcome global crises and drive future growth.
Image source: Greg Gjerdingen from Willmar, USA, CC BY 2.0, via Wikimedia Commons
Hyundai aims for 7.39 million global vehicle sales in 2025, a 2% increase.
Image source: Free Malaysia Today, licensed under CC BY 4.0.
New Georgia factory aligns with U.S. EV tax credit policies, adapting to potential shifts under new administration.
Image source: Free Malaysia Today, licensed under CC BY 4.0.
Jose Munoz, Hyundai’s first non-Korean co-CEO, strengthens U.S. market focus.
Image source: Free Malaysia Today, licensed under CC BY 4.0.
Hyundai's $16.7 billion investment reinforces its commitment to innovation, EVs, and global expansion.
Image source: pexels
We appreciate you reading!
To explore more, check out the full article using the links below: