Hyundai Motor Group has announced an ambitious ₩125.2 trillion (US$86.47B) investment package in South Korea for the 2026–2030 period — immediately following Seoul’s trade agreement with the U.S. that cuts American tariffs on Korean autos from 25% down to 15%.
This marks a dramatic expansion from the group’s ₩89.1 trillion domestic investment between 2021–2025.
🔍 Why This Matters
The new trade deal arrives amid concerns that U.S. tariffs could hit Korean auto exports. In response, Hyundai and Chairman Euisun Chung are doubling down on Korea with a long-term strategy to strengthen global competitiveness.
📌 Key Investment Breakdown (2026–2030)
🚗 Total Domestic Investment: ₩125.2 trillion (US$86.47B)
- ₩50.5T (US$35B) → AI, autonomous tech & future mobility business
- ₩48.4T → R&D across EVs, batteries, software, robotics
- ₩36.2T → Upgrading production lines + new skyscraper HQ
🌍 Strategic Commitments
Chairman Euisun Chung emphasized:
- Diversifying export markets beyond the U.S.
- Increasing production at home
- More than doubling EV exports by 2030 with new EV factories
- Supporting Korean auto-parts suppliers impacted by President Trump’s tariffs
The investment follows South Korea’s broader pledge to invest $350 billion into U.S. strategic sectors under the trade agreement.
🚀 Big Picture
This is one of the largest corporate investment roadmaps in Korea’s history — signalling Hyundai’s push to stay ahead in EVs, AI and global manufacturing while reducing trade-related risk exposure.
It also sets the stage for a new phase of Korea–U.S. industrial cooperation, especially in electric mobility, supply chains and next-gen automotive tech.