Hyundai Motor Group to invest $87B over next 5 years; 44 electrified vehicles; new EV development system; hydrogen plans
Green Car Congress
JANUARY 2, 2020
billion) annually to enhance its leadership in vehicle electrification, autonomous driving and mobility services, said Euisun Chung, Executive Vice Chairman (EVC) of the Group, at the company’s 2020 New Year ceremony at its headquarters in Seoul. This year, the Group will further bolster the sales of electrified models, adding hybrid and plug-in hybrid variants to its best-selling SUV models, including Kia Sorento, Hyundai Tucson and Hyundai Santa Fe.