
Hyundai to invest 68 tln won at home by 2026
This photo, provided by Hyundai Motor Group, shows Chairman Chung Eui-sun delivering a congratulatory speech during a groundbreaking ceremony for the carmaker's electric vehicle-exclusive plant in Ulsan, 299 kilometers southeast of Seoul, in November 2023. On March 27, 2024, the company said it will invest 68 trillion won (US$50.6 billion) and generate 80,000 jobs domestically by 2026 to gain a competitive edge in electric vehicles. (PHOTO NOT FOR SALE) (Yonhap)
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