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Hyundai Motor Group unveils W21tr plan to quadruple EV production in Korea

2022-05-20

Amid looming reports that Hyundai Motor is set to announce a $7 billion investment in US, the South Korean carmaker unveiled a whopping 21 trillion-won ($16 billion) plan on Wednesday to quadruple its domestic electric vehicle production capacity by 2030.

The plan is aimed at ...

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