Hyundai Motor Group has announced its plans to invest a substantial amount of 24.3 trillion won in new technology research and development (R&D), facility expansion, and strategic industries in South Korea for the year 2025. This investment, the largest annual domestic investment by the group, reflects the commitment of Chairman Chung Eui-sun to secure future growth engines amidst challenges like economic recessions and competition from Chinese automakers. The investment strategy includes allocating funds for R&D investment to accelerate the development of new electric vehicle models, hybrid systems, and software-oriented vehicles (SDV). Furthermore, a significant portion will be dedicated to expanding facilities, with upcoming projects like the completion of the Kia Hwaseong EVO plant and the operation of an electric vehicle plant in Ulsan to manufacture SUV electric vehicles. The strategic investment component focuses on core research areas such as autonomous driving, software, and AI. In a bid to enhance manufacturing competitiveness, Hyundai Motor Group will introduce the hypercasting method at the Ulsan plant to improve production efficiency and electric vehicle performance. The company also plans to expand its 'HTWO grid solutions' related to hydrogen fuel cell systems, hydrogen bus and truck development, and hydrogen charging stations. Additionally, investments will be made in eco-friendly facilities, LNG self-powered power plants, water electrolysis hydrogen production, electric vehicle infrastructure, and renewable energy projects to strengthen IT systems and boost eco-friendly logistics. Overall, the investment plan covering the years 2024 to 2026 underscores Hyundai Motor Group's proactive approach to innovation, sustainability, and positioning itself at the forefront of the evolving automotive industry.