Georgia Tech And Hyundai Motor Group Collaborate On Sustainable Mobility, Hyundai Invests ~$12B In EV Manufacturing And Battery Production
Portfolio Pulse from Benzinga Newsdesk
Georgia Tech and Hyundai Motor Group are collaborating on sustainable mobility. Hyundai is investing approximately $12 billion in electric vehicle (EV) manufacturing and battery production.
September 20, 2023 | 6:21 am
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POSITIVE IMPACT
Hyundai's partnership with Georgia Tech and its $12 billion investment in EV manufacturing and battery production could potentially boost its position in the EV market.
Hyundai's significant investment in EV manufacturing and battery production indicates a strong commitment to the EV market. This, coupled with the partnership with Georgia Tech, could potentially enhance Hyundai's technological capabilities and competitiveness in the EV market, thereby positively impacting its stock.
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