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Motor1
Motor1
Business
Angel Sergeev

Hyundai Building New Plant In Saudi Arabia For Combustion, Electric Vehicles

Hyundai Saudi Arabia

Hyundai and the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, have unveiled their joint endeavor to build an advanced automotive manufacturing facility in the country. This strategic partnership, announced during the Saudi-Korean Business Forum, marks another automotive company starting vehicle production in the kingdom following Lucid Motors. 

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