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Hyundai to invest US$2.45 billion to ramp up EV and battery manufacturing

Jingyue Hsiao, DIGITIMES Asia, Taipei Friday 12 May 2023 0

Credit: AFP

Hyundai Motor signed an MoU with India's Tamil Nadu government to ramp up vehicle production and will set up battery manufacturing facilities as well as infrastructure to capitalize on the emerging EV market in India.

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