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Hyundai Motor to inject extra W1.3tr in Motional

2024-05-07

Hyundai Motor Group will invest 1.29 trillion won ($946 million) in Motional, a US-based autonomous driving startup, to boost technological development and secure stable control of the startup, the Korean auto conglomerate said Friday.

Hyundai Motor will spend 663 billion won in capital increase and ...

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