AS PART OF A $7.5 BN INVESTMENT, HYUNDAI TO BUILD EV IN THE U.S.

Highlights

• Hyundai in a statement said the investments will be made through 2025 without specifying exact amount diverted to each area

• Earlier this month, Hyundai CEO Jose Munoz had said that thanks to SUVs like the Kia Telluride and Hyundai Santa Fe, the two brands have been successful in notching sales in the US

According to the statement issued by Hyundai Motor Group, it will be building electric ....