News
24 September 2024

Hyundai seals ECA-backed $1.35bn deal for US EV plant

In:
Transport
Region:
Americas

South Korea's Hyundai Motor Group has signed a $1.35 billion ECA-backed green loan to fund its first electric vehicle manufacturing plant in the US.The term loan, jointly co-led by HSBC and ANZ, adheres to LMA Green Loan Principles and was backed by K-Sure. Funds will help accelerate...

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