Trump Says ExxonMobil Among Oil Majors Planning Venezuela Return 
Burkina Faso and Mali’s fabulous flora: new plant life record released 
Dollar Holds Near Two-Week High as Fed Rate Hike Bets Rise 
South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips 
China Manufacturing PMI Contracts Again as Recovery Remains Fragile 
Asian Stocks Tumble as Oil Surge Fuels Rate Hike Fears 
Oil Prices Rise as US-Iran Conflict Threatens Middle East Supply 
Extreme heat, flooding, wildfires – Colorado’s formerly incarcerated people on the hazards they faced behind bars 
Asian Currencies Weaken as Dollar Rises, Kiwi Slides After RBNZ Hike 
US Tech Giants’ AI Bond Boom Raises Euro Zone Borrowing Risks 
Aon Nears $17 Billion Deal to Buy USI Insurance From KKR 
Amazon Shares Fall as FTC Plans Ad Pricing Lawsuit 
Shein Shares Drop 5% After Weak Hong Kong IPO Debut 
Street Poller Media and The Boom of the Street Interview Ad Industry 
Jefferies Names AMEC Top China Semiconductor Equipment Pick 
Apple’s Phil Schiller Steps Back as Leadership Shake-Up Accelerates 
Add as a preferred source on Google
Hyundai Motor Group will invest 24 trillion won in its domestic electric vehicle (EV) production facilities and other EV projects by 2030, with the aim of becoming the world’s No. 3 EV maker by selling a combined 3.64 million units.
Kia aims to sell 1.6 million units of those EVs.
The original investment figure announced by the Korean automotive group in May last year was 21 trillion won.
Hyundai Motor Group is also aiming to help slow the pace of global warming by creating more zero-emission vehicles.
Hyundai Motor Co., Kia Corp., and auto parts maker Hyundai Mobis Co. will collectively make the investment in expanding their existing EV production lines, establishing the EV infrastructure, developing future mobility parts and technologies, and exploring new EV business opportunities.
The three firms will spend their own cash and cash equivalents reaching more than 35 trillion won as of the end of 2022.
The Kia EV9 and the Hyundai IONIQ 7 are two of the 31 battery-electric vehicles that Hyundai Motor and Kia want to release between now and 2030.
The 31 all-electric automobiles on the market include 13 models from Kia and 18 from Hyundai and its independent Genesis brand.
With a target start date of late 2025, Kia started work on Tuesday on a 150,000-unit-per-year EV plant inside its current factory in Hwaseong.
Additionally, Hyundai Motor intends to finish a 150,000-unit-per-year electric vehicle production at its main Ulsan plant.
