Hyundai will allocate an additional $5 billion toward investments in the US, the automaker announced on Sunday. The funds will support the company's work in electric vehicles, robotics, air taxis, self-driving cars and artificial intelligence. The announcement follows the recent news that Hyundai plans to build a $5.54 billion electric vehicle plant in Georgia. With that facility included, the automaker intends to invest $10 billion in the US by 2025. Some of the money will go toward supporting Boston Dynamics, which Hyundai acquired in 2021.
May-22-2022, 19:01:10 GMT