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Cars News: A Hyundai Motor official stated that this contract is a significant step for the group in securing renewable energy and indicated that the group will
Gensol Engineering plans to invest Rs 2,000 crore in an EV manufacturing plant in Gujarat, signing a memorandum of understanding with the Gujarat government. The project, which will generate around 1,500 jobs, will be a hub for innovation and cater to both commercial and personal vehicle spaces. The investment is part of the Vibrant Gujarat Global Summit 2024.
The total investment in the 400-acre facility could eventually touch as much as $1 billion or even more, sources said, adding that VinFast is likely to make an official announcement on Saturday.
The total investment in the 400-acre facility could eventually touch as much as $1 billion or even more, sources said, adding that VinFast is likely to make an official announcement on Saturday.
Policy & Industry News: Hyundai is set to invest 2 trillion won ($1.51 billion) in constructing a 548,000-square-meter electric vehicle (EV) factory in Ulsan, located about 3