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World
Anan Ashraf

Hyundai To Invest $85.4 Billion To Become Smart Mobility Provider

Hyundai's cars on display for sale at San Leandro Hyundai on May 30, 2023, in San Leandro, California. (Photo by Justin Sullivan/Getty Images)

Hyundai Motors unveiled a plan to invest 109.6 trillion won ($85.4 billion) over the next ten years to transform into a “smart mobility solution provider.” 

“ A significant portion of this investment, 35.8 trillion won, will be dedicated to electrification efforts to achieve annual electric vehicle sales of 2 million units by 2030,” said The Hyundai Representative

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