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

Green Car Congress

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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RESPONSE TO: Ministry of Transport’s Charging Our Future: Discussion Document

Drive Electric

Further analysis is required to understand this future demand and the scale of response required (in terms of infrastructure, energy, skills, planning etc). There are a range of barriers to investment in public charging that need to be systematically addressed to enable private sector investment to meet future demand.

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