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

Green Car Congress

Hyundai Motor Group (HMG), which includes Hyundai Motor Company and Kia Corporation, plans to invest $7.4 billion in the US by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. This included the installation of a hydrogen refueling station and providing NEXO SUVs.

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SETEC POWER Emergency Mobile EV Charging System Unveiled in Bali

Setec Powerr

For information, the bZ4X is Toyota’s first BEV-electrified vehicle, officially marketed globally in mid-2022. Its use at the G20 Summit is after a strong request from the Indonesian government and a global supply reorganization with the principal of Toyota Motor Corporation.