Hyundai Motor to invest USD 85 bn by 2032 to accelerate EV plans
Hyundai Motor, which together with affiliate Kia Corp is among the world's 10 biggest automakers by sales, also said in a statement that it aims to lift the production of EVs in the United States, its biggest market. EVs will account for 75% of its U.S. production by 2030 from 0.7% now.
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