[Concall] Hyundai Motor "Investment of 8.9 Trillion Won This Year for Indonesia Plant Construction and Electrification Competitiveness"
[Asia Economy Reporter Ki-min Lee] Hyundai Motor Company stated in the conference call on its 2020 Q4 business performance held on the 26th, "This year, we plan to invest a total of 8.9 trillion KRW to expand facilities such as constructing a plant in Indonesia, secure competitiveness in electrification, and strengthen the foundation for future businesses."
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The investment amounts by sector are 4.5 trillion KRW for facility investment, 3.5 trillion KRW for research and development (R&D), and 900 billion KRW for strategic investments.
This content was produced with the assistance of AI translation services.
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