Hyundai Betting Big On EVs, Setting Up New 1.5 Million USD Manufacturing Unit In Korea
Hyundai is building a new electric vehicle manufacturing facility in Korea with an investment of 1.5 million USD that will roll out 2 lakh unit annually.
Nov 14, 2023, 16:43 PM ISTJoe Biden's South Korea visit: Hyundai to announce $7 billion EV plant in the US
The plant by Hyundai in the USA is expected to bring thousands of jobs, and the formal announcement is likely during President Joe Biden's scheduled May 20-21 visit to Seoul, reports PTI.
May 13, 2022, 14:08 PM IST