Hyundai to Invest $35 Billion on Advanced Mobility
Hyundai Motor Group plans to invest 41 trillion won ($34.6 billion) over the next six years to develop next-generation mobility technologies and services.
#hybrid
Hyundai Motor Group plans to invest 41 trillion won ($34.6 billion) over the next six years to develop next-generation mobility technologies and services.

The plan includes autonomous, connected, electric and shared vehicle systems. Last month Hyundai formed a $1.6 billion joint venture with software developer Aptiv plc and said it planned to begin high-volume production of Level 4 driverless vehicles by 2024.
South Korea President Moon Jae-in says he expects self-driving cars will account for half of new cars on the country's roads by 2030. The government plans to spend 1.7 trillion won ($1.4 billion) between 2021 and 2027 to support such vehicles.
Hyundai and other Korean companies plan to invest a combined 60 trillion won ($50 billion) over the next decade into future mobility systems.
RELATED CONTENT
-
Increasing Use of Structural Adhesives in Automotive
Can you glue a car together? Frank Billotto of DuPont Transportation & Industrial discusses the major role structural adhesives can play in vehicle assembly.
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec