Hyundai Mobis to build new plant in Asan, South Korea

Hyundai Mobis Ltd. (Hyundai Mobis) announced that it has signed an investment contract with the city of Asan in South Chuncheong Province. Under the deal, the company will invest KRW 40 billion (about JPY 3.88 billion) and build a new electric vehicle (EV) modules and environmentally-friendly vehicle components plant....

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