Hyundai Mobis to build new electrification parts plant in the U.S.

Hyundai Mobis Ltd. (Hyundai Mobis) announced a plan to build a new electrification parts plant in the U.S. Firstly, the company will increase the capital of its subsidiary covering the North American region, Mobis America, Inc. (MAI), by USD 280 million. Then, MAI will raise funds and invest USD 1.3 billion in the co....

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