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Hyundai Motor Group to invest $7.4B in US by 2025 for EVs, smart mobility, enhanced production

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billion in the US by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. HMG’s investment will enhance overall product competitiveness by prioritizing future mobility technologies, including electrification and hydrogen energy.

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American and European Standards organizations agree to strengthen transatlantic cooperation on standards for electric vehicles

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While one global standard is always the preferred objective, intellectual property, copyright, and commercial issues sometimes result in more than one standards organization working on the same or similar issues. Regulatory and/or infrastructure differences between regions can also result in variations. 29 of UN-ECE).

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