“Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, the company said on Wednesday, with a third of the expenditure focused on electric and autonomous vehicles, but analysts want to see it deliver…

…Hyundai aims to devote about 20 trillion won of the total investment, spread across six years, to future technologies.

It also set an ambitious deadline of 2025 to place itself among the world’s top three makers of battery and fuel cell vehicles, with annual sales of 670,000 electric vehicles, including 560,000 battery-based cars…”

Read More: https://www.reuters.com/article/us-hyundai-motor-investment/hyundai-motor-eyes-thrust-on-electric-vehicles-in-52-billion-investment-plan-idUSKBN1Y8054?feedType=RSS&feedName=topNews