The Hyundai Motor Group will increase its investment into sustainable and smart mobility solutions for the U.S. to more than $10 billion by 2025.
The Group expects the investment to accelerate its electrification plans for the region, while supporting its wider carbon neutrality goals and contributing new technologies to aid domestic manufacturing operations. Here, HMG has allocated a series of additional expenditure to foster key future businesses – such as robotics, advanced air mobility, autonomous driving, and AI.
In order to advance all future businesses and strengthen competitiveness in diverse areas within the Group, Hyundai plans to increase its investment in AI while it actively pursuing new business opportunities with local partners to broaden business infrastructure, achieve carbon neutrality, and more. As well as planned expansion activities, the Group will maintain consistent levels of investment in R&D, to continue offering vehicles from its brand portfolio and upgrading its existing facilities in the U.S.