South Korean automaker Hyundai Motor Group (HMG) plans to invest KRW 125.2 trillion (US$ 85 billion) in South Korea by 2030, aiming to strengthen its ability to respond to global markets and target new business segments for growth. This investment is HMG’s largest yet, 40% higher than the previous commitment. The investment will focus on AI, SDVs, electrification, robotics, and hydrogen segments, with allocations for R&D, production facility optimization, and the establishment of the Hyundai Motor Group Physical AI Application Center. The group also plans to build dedicated BEV and hydrogen fuel cell production facilities, as well as a PEM electrolyzer facility.

Read more at Yahoo Finance: Hyundai to invest US$ 85 billion in South Korea by 2030