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Hyundai commits a record +$16.6 billion in Korea to develop new tech and EVs

The world’s third-largest auto group is going all-in to lead the shift to electrification. With plans to pour a

Hyundai Motor To Invest Record $16.6 Bn In South Korea

South Korea's Hyundai Motor Group said Thursday it plans to make a record $16.6 billion investment in the country, boosting EV and AI development, as it navigates geopolitical challenges and uncertainties.

Reuters on MSN · 1d

Hyundai plans record $16.7 bln investment in South Korea

South Korea's Hyundai Motor Group said on Thursday it planned to boost domestic investment by 19% to a record high of 24.3 trillion won ($16.65 billion) this year to secure future growth even as it grapples with economic and political uncertainties.

The Korea Times on MSN · 1d

Hyundai Motor Group to invest $16 bil. in Korea's next-generation mobility

Hyundai Motor Group announced a plan, Thursday, to invest 24.3 trillion won ($16.67 billion) in Korea this year, in a preemptive move to develop cutting-edge mobility solutions, focusing on electrification,

Yonhap News English on MSN · 1d

(LEAD) Hyundai Motor Group pledges record 24.3 tln-won investment in S. Korea to strengthen competitiveness

Hyundai Motor Group on Thursday pledged to invest a record 24.3 trillion won (US$16.6 billion) in South Korea this year to bolster future competitiveness amid uncertain global business environments. The annual investment plan represents a more than 19 percent increase from last

Korea Joongang Daily on MSN · 1d

Hyundai to invest $16.6 billion in Korea in 2025, half of them for R&D

Hyundai Motor Group will invest an all-time high of 24.3 trillion won ($16.4 billion) in Korea in 2025, with almost half of them for research and development (R&D) to boost the domestic mobility environment.

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Should Value Investors Buy Brookfield Corporation (BN) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest ...

Island6h

PM tables Appropriation Bill for 2025 detailing total expenditure of Rs. 4,616 bn

Highest allocation for Finance Ministry By Saman Indrajith The Appropriation Bill for the financial year 2025, outlining ...

Flightglobal1d

Evia Aero signs for 15 BN-2 Islanders

German start-up carrier Evia Aero has tentatively ordered 15 Britten-Norman BN-2 Islanders for later conversion to hydrogen ...

Trump Announces $20 Bn Emirati Investment In US Data Centers

Donald Trump on Tuesday unveiled a $20 billion Emirati investment in US data centers, as he sought to boost his claims of attracting new economic support before he becomes president.