Hyundai Motor Group to invest over $85 billion on new technologies by 2032

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Investments

The company plans to develop an IMA, which will replace the current E-GMP EV platform

South Korean carmaker Hyundai Motor Co. plans to invest more than 109.4 trillion South Korean won (over $85 billion) over the next 10 years to accelerate its transition to become a smart-mobility solutions provider, Hyundai announced June 20.

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