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EV push: Hyundai to invest more than USD50b in S Korea

SEOUL (AFP) – Hyundai on Wednesday revealed plans to invest more than USD50 billion in South Korea by 2026, with a huge chunk dedicated to boosting the development and production of electric vehicles. Along with its affiliate Kia, Hyundai is the world’s third-largest automaker by sales, but the South Korean giant lags in the EV
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