Chung Eui-sun, Chairman of Hyundai Motor Group, speaks at the follow-up public-private joint meeting on the Korea-U.S. tariff negotiations held at the Presidential Office in Yongsan, Seoul, on the 16th. (Presidential Office Press Corps) 2025.11.16. Newsis
Hyundai Motor Group announced plans to invest KRW 125.2 trillion domestically over the next five years from 2026 to 2030.
Hyundai Motor Group made this announcement in a press release issued shortly after the 'Follow-up Public-Private Joint Meeting on Korea-U.S. Tariff Negotiations' with President Lee Jae-myung and business leaders held at the Presidential Office in Yongsan on the afternoon of the 16th.
The KRW 125.2 trillion investment planned by Hyundai Motor Group over the next five years is KRW 36.1 trillion more than the KRW 89.1 trillion invested domestically by the group in the previous five years from 2021 to 2025.
Calculating the KRW 125.2 trillion investment by Hyundai Motor Group as an annual average investment amount, it equates to investing more than KRW 25 trillion each year. Hyundai Motor Group explained that this is the largest scale in history.
Hyundai Motor Group designed its investment plan focusing on fostering industries such as artificial intelligence (AI), robotics, and hydrogen. It is expected to enhance regional development and invigorate the national economy.
By sector, Hyundai Motor Group plans to allocate KRW 50.5 trillion to new businesses, including AI, autonomous driving, software-defined vehicles (SDV), robotics, and expanding electric vehicle production capacity.
Additionally, KRW 38.5 trillion will be invested in developing new products and core technologies to continuously strengthen the competitiveness of the mobility industry.
The amount allocated for capital investments such as the efficiency of production bases and construction of the Global Business Center (GBC) to prepare for changes in the future manufacturing environment is KRW 36.2 trillion.
A Hyundai Motor Group representative stated, “We will also strengthen coexistence with partners to respond to the global export environment,” and added, “We will fully support the tariffs of first-tier partners and expand the co-growth program.”
Furthermore, they mentioned, “By expanding the coexistence cooperation program to include second and third-tier small and medium-sized partners, we will strengthen the ecosystem of the automotive industry.”
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