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Hyundai to invest $21B in US manufacturing

Metal Tech News - March 24, 2025

Enormous investment will expand company's U.S. automaking, steel, and EV supply chains.

Hyundai Motor Group plans to invest a massive $21 billion over the next three years to expand its automotive and technology manufacturing capacity in the United States, which will include multi-billion-dollar investments into localizing steelmaking and electric vehicle supply chains.

To put this in perspective,...

 
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