Hyundai AutoEver, a KOSPI-listed company, was strong early on the 17th on news that Hyundai Motor Group will invest 125 trillion won in Korea over five years.
At 9:26 a.m. that day, Hyundai AutoEver was trading at 192,900 won on the KOSPI market. The share price was up 6.57% from the previous day. Early in the session, the stock surged more than 10% to as high as 200,500 won.
Buying appears to have gathered after Hyundai Motor Group said at a public-private follow-up meeting on U.S.-Korea tariff talks chaired by President Lee Jae-myung the previous day that it will carry out a total of 125.2 trillion won in investments in Korea over five years from 2026 to 2030.
This is the largest investment ever, 36.1 trillion won more than the 89.1 trillion won invested in Korea over the previous five years (2021–2025).
By sector, 50.5 trillion won will be invested in future new businesses such as ▲ artificial intelligence (AI), software-defined vehicles (SDV), electrification, Robotics, and hydrogen; ▲ 38.5 trillion won in research and development (R&D) to strengthen competitiveness in the existing mobility industry; and ▲ 36.2 trillion won in capital expenditures.