Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider
Green Car Congress
JUNE 21, 2023
The company is currently producing EVs in this way at its plants in the US, South Korea, the Czech Republic, and India. It plans to convert additional lines as market demand dictates. By utilizing existing lines, construction time is much shorter than building new plants and can be ramped up quickly to meet EV demand.
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