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Hyundai's investment could help grow Singapore EV ecosystem

South Korean firm announces S$400m Hyundai Motor Group Innovation Center

PM Lee (left) with Chung Euisun, executive vice-chairman of Hyundai Motor Group. Siting the carmaker's facility here takes advantage of Singapore's strengths, according to PM Lee.


CARMAKER Hyundai's latest investment in Singapore could help build an ecosystem surrounding the development of electric vehicles (EV), a move that would diversify the Republic's manufacturing base while creating more high-value jobs for Singaporeans, industry observers said....

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