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Hyundai to invest $85bn by 2032 to boost EV ambitions

Hyundai Motor seeks to sell 2 million EVs each year from 2030

Hyundai Motor hosted the 2023 CEO Investor Day unveiling visionary mid- to long-term business strategies and financial plans and aiming to reach 2 million vehicles in annual EV sales by 2030, according to company officials, Tuesday.

Factbox-Hyundai s plans for EVs, restructuring in China

Hyundai Motor, the No. 3 global automaker by sales with its affiliate Kia Corp, outlined plans on Tuesday for a deepened push into battery development, steps to cut the cost of new electric. | June 20, 2023

Hyundai Pledges Billions Into Next-Gen IMA EV Architecture and Battery Development

Hyundai is among the most ambitious traditional carmakers in adopting electromobility. The Korean company is already giving the chills to Ford, GM, and V.

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