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flag Hyundai plans a $50.5B investment in South Korea by 2026, focusing on EV development and production, aiming to create 80,000 jobs and increase annual EV production to 1.

flag Hyundai plans to invest $50.5 billion (68 trillion won) in South Korea by 2026, focusing on electric vehicle (EV) development and production to secure future growth and break into the global top three of EV manufacturers. flag This investment aims to create 80,000 jobs, build three new EV factories, and increase annual EV production in South Korea to 1.51 million units by 2030. flag The company's EV strategy also covers investments in infrastructure, software, battery technology, and autonomous driving.

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