Business
‘Hyundai Does Not Want To Be Left Behind’: Korea’s Car Giant Makes $16.5 Billion EV Push
Euisun Chung, chairman of Hyundai Motor. SeongJoon Cho/Bloomberg Amid growing competition among car makers to position themselves for a low-carbon future, Hyundai Motor Group said it plans to invest a total of $16.5 billion over the next eight years to expand its production of electric vehicles in its home market of South Korea. The South… […]