"Global Tensions: EV Investments, NATO Assurance, Gaza Ceasefire, and Palm Sunday Amid Conflict"
Hyundai Motor Group plans to invest $51 billion in South Korea over three years to boost electric vehicle production and new mobility business, with more than half of the investment allocated for research and development infrastructure and assembly lines for EVs. The company also aims to hire 80,000 new employees and is doubling down on electrification, with a focus on the United States market. This investment comes as other automakers are slowing their EV production plans and shifting capital to hybrid models or shareholder returns.