Hyundai to invest $21.6 Billion in New Mobility
The PulseNews website reported that when it comes to fostering startups, Hyundai Motor Group unveiled plans to establish an open innovation system that enables it to set up joint ventures and enhance partnership with universities and research institutions. The conglomerate also unveiled plans to put out more efforts to promote shared growth with about 5,300 first, second, and third-tier suppliers by managing 24 programs that include joint development of new technologies, and providing professional technical training and on-site management support.
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