The Hyundai Group has decided to invest well 7.4 billion dollars by 2025 in America to produce electric vehicles, improve production facilities and develop new mobility technologies; intelligent. The Hyundai and Kia brands, therefore, will be able to expand their production within the American territory to meet the demands. From next year they will be able to offer a range of electric vehicles made directly in America.
Kia EV6, Europeans like it: orders boom 25
Auto 05 May
ELECTRIC, HYDROGEN AND ALSO AIR MOBILITY
While no specific details were shared, the Korean Group said it will follow up. very closely the conditions of the American market and above all the decisions taken by the government to support the spread of electric cars to finalize the details of its expansion plan. Translated, it means that the Hyundai Group intends to see if the Biden Government will implement & agrave; indeed the development plan linked to mobility; electric of which we have more & ugrave; times spoken. Probably, only then will the Koreans actually decide how to move.
But in addition to expanding electric vehicle manufacturing in America, Hyundai Group intends to work with the US government and other business partners to expand the hydrogen ecosystem . Koreans pledge to promote a company based on hydrogen to also create new opportunities of business for a sustainable future. Already In 2020, the Koreans had signed a Memorandum of Understanding with the US Department of Energy to collaborate on the development of fuel cell solutions. The project also included the installation of a hydrogen refueling station and the supply of the NEXO Fuel Cell models. The Koreans will also bring their own Fuel Cell trucks. a demonstration project is planned.
The expansion plan in America also includes the launch of a new office in Washington DC which will take care of; of Urban Air Mobility (UAM) solutions . Furthermore, the Group confirmed its investments in robotics through Boston Dynamics and in autonomous driving thanks to the Motional joint venture together with Aptiv. In 2023, the aim is to launch a robotaxi service in collaboration with partner Lyft. The new IONIQ 5 electric will be used. Road tests have already been carried out; started.
The best value for money 5G Smartphone? Redmi Note 9T, buy it at the best price from ePrice at 191 euros .