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Hyundai to invest $3.3 bn in eco projects by 2013

Hyundai to invest $3.3 bn in eco projects by 2013
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First Published: Wed, Jul 22 2009. 11 00 AM IST
Updated: Wed, Jul 22 2009. 11 00 AM IST
Seoul: Hyundai Motor Group, the world’s No. 5 automaker, said on Wednesday it plans to invest 4.1 trillion won ($3.3 billion) in developing eco-friendly cars and reducing carbon dioxide by 2013.
The plan came after Samsung Electronics Co Ltd announced a 5.4 trillion won investment plan in green research and development and facilities.
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First Published: Wed, Jul 22 2009. 11 00 AM IST