May 24, 2022 02:15 PM (GMT+8) · EqualOcean
Hyundai Motor, Kia and Hyundai Mobis, the three major companies of Hyundai Motor Group, announced on the 24th that they will invest 63 trillion won (about 332.5 billion yuan) in China by 2025. As for the background of the domestic investment plan, the group said that it would strengthen the role and leadership of South Korea as the future business hub of the group through large-scale investment focused on the mainland.