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Hyundai to build its first EV plant in Middle East

Peng Chen, DIGITIMES Asia, Taipei Monday 23 October 2023 0

Hyundai will build its first EV plant in Saudi Arabia with PIF. Credit: Hyundai

Hyundai Motor will soon expand its production footprint to Saudi Arabia. The South Korean automaker plans to build a joint EV manufacturing plant in the country with the Public Investment Fund (PIF), Saudi's sovereign wealth fund. The facility is expected...

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