Hyundai will invest US$8.5 million in its business in 2023.

[{"selector":"#anim-50632316-e9b8-4b17-ba56-a663d758cbf2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.868749871776394%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-e90926dc-95e3-462b-a14f-c763f07c3af3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3443722f-6e79-47ab-a4a4-bd1ea5c993a1","keyframes":{"transform":["translate3d(-117.70492%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Hyundai has revealed plans to strengthen its business by investing US$8.5 billion in 2023.

[{"selector":"#anim-de912645-6360-4d8b-88f6-73660a24b1b2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.251874886237108%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-08492a0a-1fa2-4a54-9c51-f1bdb2d8ec5d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-810acb7f-d567-4efc-ae29-c997e3e57cb6","keyframes":{"transform":["translate3d(-117.70492%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The South Korean manufacturer has said that the funds will be used for the improvement and growth of plants, R&D facilities, and other international activities.

[{"selector":"#anim-0601be51-d003-465c-9147-58bec11d8a82 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.25163117212391%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-c751a3c8-960f-4a57-a3f5-cc90e36cbb14","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1f6f71d7-78ba-43dc-9655-73778339ce22","keyframes":{"transform":["translate3d(-117.70492%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Over the next five years, the business also intends to concentrate on increasing its manufacturing of electric cars and connected car technology.

[{"selector":"#anim-7acf1839-0b0d-4199-959c-55b2994ad0d3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.807525389538367%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-c44d504b-15d1-4059-93c7-8756cabeca09","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5188be03-35c1-497a-97f6-7afbb4e5d704","keyframes":{"transform":["translate3d(-117.70492%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Hyundai is committed to staying one step ahead of the competition in the dynamically evolving auto sector.

[{"selector":"#anim-201edc6e-b0a7-449f-ae13-1f8b702b11c4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-bcbc7659-4414-4039-a2cb-fcd5165513b2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91e8fe45-75f3-4b4c-b779-c13fe96ed34a","keyframes":{"transform":["translate3d(-117.70492%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Hyundai is certain that this fresh investment will help it maintain its position as one of the top automakers in the world.

[{"selector":"#anim-82e79868-94ac-4ad8-96c7-52003805026f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-86018cfd-14be-4ff6-b94c-6abd22ba3f97","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a979d5c6-e416-4a10-8a20-6911048ae2b4","keyframes":{"transform":["translate3d(-117.70492%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Hyundai has already made significant advancements in areas like hydrogen fuel cells,

[{"selector":"#anim-e9f85b20-27e7-4798-983b-dfd1a39f3bb3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.90624987200394%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-cefb758d-c4d5-4b3f-a6cb-0eac14fce419","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-53ff0b9a-ff9f-4439-abf5-632c27dd1e96","keyframes":{"transform":["translate3d(-117.70492%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

so this US$8.5 billion investment will enable them to advance even farther in areas like autonomous driving and artificial intelligence.

[{"selector":"#anim-13262ab1-118c-4f58-b878-dd017bec368b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.251873761911693%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-2f69f8d6-1664-4864-9e84-803db1ff05b1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-893c8b61-ee6e-496a-94de-cc3a5839f412","keyframes":{"transform":["translate3d(-117.70492%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

How Far Can The Fully Charged Chevy Silverado Go? - USA Vehicle

[{"selector":"#anim-0eeec7ad-a837-4fb3-a684-169638c17474 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-6d620da2-e491-43a9-98df-fde93962359c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b5d0e83a-570a-4aa2-9092-772c6b0215c1","keyframes":{"transform":["translate3d(-117.37705%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Watch more