Hyundai Motor Group Plans to Invest $6.3 Billion in AI and Robotics in South Korea
【Hyundai Motor Group Plans to Invest $6.3 Billion in AI and Robotics in South Korea】According to a statement by South Korea's Ministry of Land, Infrastructure and Transport, Hyundai Motor Group will invest 9 trillion won (approximately $6.3 billion) in artificial intelligence, robotics, and hydrogen businesses in the Saemangeum area of South Korea. It is reported that Hyundai Motor Group signed this investment agreement with the government on the 27th, planning to spend 400 billion won to build a robot manufacturing plant, invest 5.8 trillion won in an AI data center, allocate 1 trillion won for the construction of hydropower electrolysis facilities for the production and supply of green hydrogen, and invest 1.3 trillion won in the construction of solar power generation facilities.