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Hyundai Motor Group announces plan to invest KRW 24 trillion to become top 3 EV manufacturer by 2030

On April 11, Hyundai Motor Group (the Group) announced its goal to become one of the world’s top 3 EV manufacturers by 2030 through the combined sales of Hyundai Motor, Kia and Genesis electric models, at the groundbreaking ceremony of Kia’s dedicated plant for purpose-built vehicle (PBV) production in Korea.
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