PIF and Hyundai Motor Company Sign Joint Venture Agreement to Establish New Automotive Manufacturing Plant in Saudi Arabia

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The joint venture will leverage Hyundai's global automotive leadership to localize manufacturing in Saudi Arabia The total investment for the manufacturing plant is estimated to exceed $500 million and will manufacture both internal combustion engines and electric vehiclesView original content:https://www.prnewswire.co.uk/news-releases/pif-and-hyundai-motor-company-sign-joint-venture-agreement-to-establish-new-automotive-manufacturing-plant-in-saudi-arabia-301963915.html