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Hyundai Motor to invest $85.41 billion by 2032 to accelerate EV plans

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South Korea’s Hyundai Motor Co plans to invest about 109.4 trillion won ($85.41 billion) in the period through to 2032, the company said on Tuesday, including around 35.8 trillion won allocated for electric vehicles (EVs).

($1 = 1,280.8200 won)

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