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Hyundai, Kia to invest $16.5 billion to boost production of electric vehicles – EQ Mag Pro

SEOUL : Hyundai Motor, South Korea’s largest automaker, announced plans to invest $16.5 billion through 2030 to expand its electric vehicle business, along with its sister company Kia. Through the investment, the Seoul-based company said Wednesday it would be able to produce 1.44 million units of electric cars a year by 2030 in South Korea […]

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