[Concall] Hyundai Motor "Investment of 8.9 Trillion Won This Year for Indonesia Plant Construction and Electrification Competitiveness"

[Asia Economy Reporter Ki-min Lee] Hyundai Motor Company stated in the conference call on its 2020 Q4 business performance held on the 26th, "This year, we plan to invest a total of 8.9 trillion KRW to expand facilities such as constructing a plant in Indonesia, secure competitiveness in electrification, and strengthen the foundation for future businesses."

The investment amounts by sector are 4.5 trillion KRW for facility investment, 3.5 trillion KRW for research and development (R&D), and 900 billion KRW for strategic investments.