Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider
Green Car Congress
JUNE 21, 2023
With IMA, the company expects to standardize modules and parts between the models to further expand economies of scale and significantly reduce EV development complexity and costs. By utilizing existing lines, construction time is much shorter than building new plants and can be ramped up quickly to meet EV demand. Production.
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