SEOUL (Reuters) -- South Korea's Hyundai Motor Co. said on Wednesday it planned to invest about 95.5 trillion won ($79.2 billion) through 2030, including about 19.4 trillion won ($16.1 billion) toward electric vehicle related businesses.
Hyundai Motor, which together with affiliate Kia Corp. is among the world's top 10 biggest automakers by sales, targets to achieve a 7% market share in the global EV market by 2030, with an annual sales target of 1.87 million vehicles, the automaker said during a virtual investor day.
