Hyundai Motor Group to Invest $6.3 Billion in AI and Hydrogen Infrastructure in South Korea
Hyundai Motor Group plans to invest approximately $6.3 billion to establish a new innovation center in Saemangeum, South Korea, by 2029. This project will focus on artificial intelligence (AI), robotics, and hydrogen technologies. The center will include a data center with 50,000 GPUs and a robotics facility aiming to produce up to 30,000 units annually, including logistics robots and the Atlas humanoid robot by 2028. Additionally, $2.3 billion will fund solar installations and a 200-MW electrolyzer for green hydrogen production.
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Hyundai Motor Group is investing about $6.3 billion to create an innovation center in Saemangeum, South Korea, by 2029, focusing on AI, robotics, and hydrogen. The center will feature a data center with 50,000 GPUs, funded with approximately 4 billion euros, set to begin construction in 2027.
A robotics facility will produce up to 30,000 units annually, including the Atlas robot, expected to be used in factories by 2028. An additional $2.3 billion will enhance energy infrastructure with solar installations and a 200-MW electrolyzer for green hydrogen. This strategic investment has positively influenced stock performance, with shares up over 40% since the beginning of the year.
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