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Seoul: Hyundai Motor Group said on Sunday it will invest 125.2 trillion won ($86 billion) in South Korea over the next five years in artificial intelligence (AI), robotics and other future technologies as part of its broader push to strengthen its domestic manufacturing base. The large-scale investment, aimed at securing the group’s “fundamental growth drivers,”…
Seoul: Hyundai Motor and its affiliate Kia are expected to see their combined sales of electric vehicles (EVs) surpass 100,000 units this month, according to the companies’ data on Sunday. Hyundai and Kia sold a combined 91,348 units of EVs through September this year, up 30.3 percent from the same period last year, according to…
Seoul: Electric vehicle (EV) models produced by South Korea’s Hyundai Motor and Kia have received top ratings in major global car crash safety tests, the automakers said on Sunday. According to the companies, five Hyundai and Kia EV models utilising the E-GMP, Hyundai Motor Group’s proprietary EV platform, achieved the highest rating of five stars…