Hyundai is pumping $21bn into connected cars
Hyundai has announced a plan to invest about Won23tn ($21.56bn) into the latest connected car technology.
The funds will cover the next five years of research and development into electric cars, autonomous vehicles, and related connected car technology. With the increasing appetite for the emerging technology, the South Korean automaker wants to ensure it’s not left behind.
Hyundai is currently facing...