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Reported Earlier, PIF-Hyundai Joint Venture Launches Saudi Arabia's First Hyundai Plant To Produce ICE And EVs By Q4 2026

Author: Benzinga Newsdesk | May 15, 2025 03:03am

Paving the way for a new industrial future
The new facility is a joint venture between PIF and Hyundai Motor Company
The plant will manufacture internal combustion engine and electric vehicles, with an annual production target of 50,000 vehicles to supply Saudi Arabia

Posted In: HYMTF