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South Korea's Hyundai Motor unveils plan to invest $52 billion over six years

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 billion) between 2020 and 2025, about one-third of the expenditure focused on electric and autonomous vehicles, the company said on Wednesday.The South Korean carmaker unveiled a "Strategy 2025" roadmap that envisaged annual average spending of 10 trillion won, higher than previous years, and up from a 2018 figure of..
Date Published: Dec 04, 2019
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