by Son Seonhee
Published 12 Apr.2023 09:41(KST)
On the 12th, Hyundai Motor Company showed strong performance in the early trading session.
As of 9:36 AM, Hyundai Motor is trading at 197,100 KRW, up 2.60% compared to the previous trading day.
The day before, Hyundai Motor Group announced that it will invest 24 trillion KRW in the electric vehicle sector by 2030. The plan is to increase domestic annual electric vehicle production from 330,000 units last year to 1.51 million units by 2030, a fivefold increase. Electric vehicle exports are also planned to grow to 920,000 units, more than four times last year's volume.
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