SEOUL -- Hyundai Motor's operating profit more than doubled in the fourth quarter from the same period the year before, the company said Thursday, as the South Korean automaker strengthens its lineup of electric vehicles in the global market.
Automobiles
Hyundai profits more than double in Q4 amid strong push for EVs
South Korean automaker secures supply chains, builds U.S. factory
Hyundai Motor debuts its Singapore-assembled Ioniq 5 electric vehicle at the Singapore Motor Show on Jan. 13. The South Korean automaker is strengthening its global EV lineup. © Reuters
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