Hyundai goes all-in with record $86B push to beat US tariffs, more than double EV exports
November 19, 2025
Hyundai and Kia are pouring a record $86 billion into Korea to re-energize the auto industry and turn it into a global EV export hub. The move comes on the heels of the new US-South Korea trade agreement.
Hyundai boosts domestic production after US trade deal
Hyundai Motor, including Kia, announced plans to invest KRW 125.2 trillion ($86 billion) in South Korea on Sunday, its largest-ever…