Hyundai launches record investment to boost South Korea’s tech future
The multibillion-dollar plan from Hyundai focuses on advanced technologies and export expansion as South Korea adapts to shifting global markets and evolving tariff conditions.
Hyundai Motor Group has unveiled a record 85.8 billion dollar investment plan that will reshape South Korea’s industrial landscape over the next five years.
The company intends to channel a large share of the funds into fields such as AI, robotics, electrification, software-defined vehicles, and hydrogen technologies.
Hyundai presents the roadmap as evidence of an agile response to a global environment in which export strength and technological leadership matter more than ever.
A major part of the strategy centres on turning innovation into export gains. The group expects the investment to raise overseas shipments of South Korea-made vehicles by more than thirteen percent by 2030.
A plan that emerges shortly after Seoul concluded a new trade agreement with Washington that lowers tariffs on South Korean vehicles to fifteen percent instead of the previous twenty-five percent. The rate remains much higher than the earlier 2.5 percent applied before the renegotiation.
Hyundai’s announcement mirrors a wider industrial push across the country. Samsung Group recently committed 310 billion dollars for a similar period, largely focused on AI development.
Both companies aim to reinforce the nation’s position in advanced technologies and secure long-term competitiveness at a time when global supply chains and industrial alliances are rapidly shifting.
Hyundai, together with Kia, sold more than 7.2 million vehicles globally last year.
The company views its new investment programme as a foundation for future export growth and a signal that South Korea plans to anchor its economic future in next-generation technologies instead of relying on past models of industrial expansion.
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