Hyundai Motor plans to invest billions of dollars in South Korea — Reuters

2026-02-25 04:01:36

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Investing.com - According to Reuters on Wednesday, Hyundai Motor (KS:005380) plans to invest billions of dollars in the Saemangeum area on the west coast of South Korea for robotics technology, data centers, and hydrogen infrastructure development. The report cites sources familiar with the matter.

It is reported that the group and the government may sign a preliminary agreement for the project as early as this week.

Hyundai Motor’s stock price surged over 10% in Seoul trading following the announcement.

This planned investment is seen as a further strengthening of Hyundai Motor Group’s focus on AI-driven autonomous driving, robotics technology, and future energy sectors.

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