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InsideEVs
InsideEVs
Technology
Iulian Dnistran

Hyundai To Invest $8.5 Billion In EV Development, US Factory

Hyundai Motor Company, which owns the Hyundai, Kia, and Genesis brands, announced it will invest 10.5 trillion won ($8.5 billion at the current exchange rate) this year on further expanding its electrified range, as well as on its first-ever EV factory in the United States.

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