Hyundai confirms US$27bn future technology investment

GlobalData

Mon, July 6, 2026 astatine 4:39 AM CDT 4 min read

South Korean automaker Hyundai Motor Group (HMG) announced that it plans to put KRW 42 trillion (US$ 27.5 billion) successful the adjacent 10 years to found an precocious exertion improvement hub successful the country's south-eastern Yeongnam region, with the purpose of accelerating the improvement successful AI-defined vehicles (AI-DVs) with Level 4 oregon higher automation, manufacturing AI, aerospace, and next-generation vigor infrastructure.

HMG confirmed that it has signed a memorandum of knowing (MOU) with South Korea's Ministry of Finance and Economy, Ministry of Science and ICT, Ministry of Trade, Industry and Resources, and Ministry of Planning and Budget, on with the section authorities of Busan, Daegu, Ulsan, Gyeongnam Province, and Gyeongbuk, to motorboat the concern programme.

The automaker said that the concern is aimed astatine helping it fortify "fundamental maturation drivers and accelerate its translation into a aboriginal exertion institution that aims to alteration the prime of quality life. Alongside the ongoing Saemangeum project, HMG volition make an precocious manufacture ecosystem encompassing Manufacturing AI, aerospace and abstraction industries, and vigor infrastructure to foster balanced determination development, make jobs, and heighten Korea's economical vitality."

HMG's vice chairman, Jaehoon Chang, said successful a statement: "By making further investments successful caller concern sectors crossed the Yeongnam region, which is the instauration of Hyundai Motor Group, we volition make it into a cardinal hub for aboriginal precocious industries and lend to strengthening South Korea's concern competitiveness."

HMG confirmed that the programme involves making strategical investments crossed the Yeongnam portion successful 5 cardinal areas, including:

• establishing an AI-DV manufacturing hub

• creating halfway components clusters

• manufacturing AI-based innovation

• future aerospace and abstraction

• sustainable vigor infrastructure improvement

• As portion of the programme, HMG plans to accelerate the translation of Hyundai Motor's Ulsan manufacturing complex, which it described arsenic the world's largest azygous integrated automotive manufacturing facility, into a strategical centre for the aboriginal mobility industry. HMG plans to found an AI-DV manufacturing hub featuring precocious automation and an integrated accumulation system, starting with a caller dedicated electrical conveyance (EV) works scheduled to statesman operations successful the 4th fourth of 2026.

  HMG aims to accelerate the improvement of AI DVs with Level 4 oregon higher automation, achieving robotaxi-capable autonomous driving technology. The institution pointed retired that "AI-DVs leverage artificial quality to continuously larn from conveyance information and marque autonomous decisions, forming a cardinal portion of the Group's strategy to fortify its enactment successful the progressively competitory planetary mobility market."

  HMG besides plans to physique a strategical hydrogen substance compartment works accumulation basal successful Ulsan to enactment the enlargement of hydrogen mobility and cleanable vigor industries. The institution is looking to nutrient next-generation hydrogen substance compartment systems astatine this facility, on with polymer electrolyte membrane (PEM) h2o electrolysis systems that nutrient cleanable hydrogen done h2o electrolysis, arsenic next-generation flagship export products.

  HMG besides plans to found future core component clusters crossed the Yeongnam portion by 2030, including a Hyundai Mobis artillery strategy assembly enactment successful Ulsan; a Hyundai Mobis centrifugal and power portion accumulation enactment successful Daegu; and a Hyundai Wia electrical conveyance thermal absorption strategy accumulation enactment successful Changwon. These investments volition purpose to fortify the company's worth concatenation competitiveness done precocious electrification exertion development.

  The concern programme volition besides look to accelerate HMG's AI-based intelligent manufacturing innovation, with the purpose ofleveraging AI to independently measure and optimise each mill operations, including accumulation equipment, logistics, and prime management, creating optimal accumulation synergies. The institution pointed retired that the Yeongnam portion is location to large-scale manufacturing facilities and is truthful a suitable situation for implementing precocious manufacturing technologies.

  HMG volition besides measurement up its concern successful future aerospace and apace mobility, ranging from municipality aerial mobility to lunar exploration vehicles, including lunar exploration rovers with autonomous driving and AI capabilities, by leveraging expertise successful conveyance manufacturing and robotics.

  The automaker is besides looking to accelerate the constitution of sustainable vigor infrastructure, to assistance velocity up its vigor diversification, including tiny modular reactors (SMRs), offshore upwind power, and h2o electrolysis plants, with plans to cultivate these arsenic next-generation export solutions.

  "Hyundai confirms US$27bn aboriginal exertion investment" was primitively created and published by Just Auto, a GlobalData owned brand.