Hyundai to Invest $28 Million in Thailand for EV Assembly
Hyundai Motor Company is making a significant move towards expanding its electric vehicle (EV) footprint by investing 1 billion baht ($28 million) in Thailand. This substantial investment will be used to set up a facility dedicated to the assembly of electric vehicles and the production of EV batteries. The announcement was made by the country's Board of Investment (BOI) on Wednesday.
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