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Hyundai Motor Group unveils $27 billion investment plan in S. Korean EV industry

Hyundai Motor Group has set out to become one of the world’s top electric vehicle manufacturers by 2030 with a whopping KRW 24 trillion (AUD 27.1 billion) investment in the South Korean EV industry. 
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What spending reveals about downstream consumer demand for manufactured goods

For manufacturers supplying consumer-facing markets, understanding demand conditions has become increasingly important in an environment shaped by cautious spending, rising costs and intense competition.