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Hyundai Motor eyes thrust on electric vehicles in $52 billion investment plan

The logo of Hyundai Motors is seen on a steering wheel of a all-new Sonata sedan on display at
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SEOUL (Reuters) - Hyundai Motor plans to invest about 61.1 trillion won (40.4 billion pounds) between 2020 and 2025, the company said on Wednesday, with a third of the expenditure focused on electric and autonomous vehicles, but analysts want to see it deliver.The South Korean car maker unveiled a "Strategy 2025" roadmap that envisages annual average spending of 10 trillion won, exceeding that of..
Date Published: Dec 04, 2019
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