Hyundai Motor Group-investments

Hyundai Motor Group to invest 63 tln won in domestic businesses

SEOUL, May 24 (Yonhap) -- South Korea's Hyundai Motor Group said Tuesday it will invest 63 trillion won (US$49.8 billion) in its domestic businesses in the latest move to become a future mobility solutions provider.

Hyundai Motor Co., Kia Corp. and Hyundai Mobis Co. will make the investments in their production facilities, autonomous driving and other next-generation mobility technologies by 2025, the group said in a statement.

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