Hyundai to Build First South Korean EV Factory, Production to Begin by 2025

Hyundai Motor announced on Tuesday that it would open its first automobile plant in South Korea in almost three decades, revealing plans to build a dedicated electric vehicle (EV) factory in the country. Production is due to begin in 2025 based on a pledge that the company made in wage negotiations, according to the company’s union. The Hyundai Motor last opened an ...

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