Hyundai signs JV agreement to establish production plant in Saudi Arabia
On October 22, the Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) signed a joint venture (JV) agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia.
PIF will hold a 70% stake with Hyundai holding the remaining 30%.
Hyundai will also act as a strategic technology partn....
PIF will hold a 70% stake with Hyundai holding the remaining 30%.
Hyundai will also act as a strategic technology partn....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)