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Hyundai And Its Associates Set Up US Entity With $10 Billion Investment

Hyundai thanks to electric cars has been seeing growth of its US business.
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By Reuters

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Published on July 29, 2022

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Highlights

    South Korea's Hyundai Motor Co and its two affiliates plan to jointly set up a company in the United States to explore businesses, Hyundai Motor said on Thursday.

    In May, Hyundai Motor Group said it plans to invest more than $10 billion in the United States by 2025 to strengthen collaboration with U.S. firms in advanced technology.

    # Technology
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