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011760 — Hyundai News Story

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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;))

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