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Hyundai Motor Group to invest $5 billion in U.S. through 2025 -Breaking


© Reuters. Hyundai Motor Group Chairman Euisun Chung delivers remarks along with U.S. President Joe Biden on the automaker’s decision to build a new electric vehicle and battery manufacturing facility in Savannah, Georgia, as Biden ends his visit to Seoul, South K


SEOUL (Reuters) – Hyundai Motor Group stated on Sunday that they plan to invest another $5 billion in America through 2025. This will allow them to expand their collaboration with U.S. companies in diverse technology areas such as robotics.

Hyundai Motor Group (which includes Hyundai Motor Corp and Kia Corp) announced Friday its intention to invest $5.5 Billion in Georgia for electric vehicle development and batteries.