Thailand approves $28 mln EV investment from Hyundai
BANGKOK, Aug 7 (Reuters) - Thailand has approved an
investment worth 1 billion baht ($28 million) from South Korean
auto maker Hyundai, the Board of Investment said on Wednesday.
The factory will start assembly of battery electric vehicles
(BEV) and batteries in 2026, the board said.
($1 = 35.6200 baht)
(Reporting by Chayut Setboonsarng, Editing by John Mair)
((chayut.setboonsarng@tr.com; +66854849033;))
Recent news on Hyundai
See all newsAnalysis: Rare earths force Trump to be less hostile before Xi summit
Brief: Hyundai Motor America Reported August Total Sales Of 86,977, A 2% Decrease Compared With August 2025
South Korea, Germany exposed to rare earths shortage, Australia's Arafura says (updated)
South Korea, Germany exposed to rare earths shortage, Australia's Arafura says
Danieli jumps as Hyundai picks it for $650 million US plant