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Hyundai Motor tees up flying cars, electric vehicles with $52 billion investment


Hyundai has big things planned.

For automakers, it's somewhat of an arms race; the world has become a battle of bringing advanced technology to market first as self-driving cars, electric vehicles and even flying cars flirt with, or have become, a mainstream reality. To the tune of $52 billion, Hyundai Motor will be ready.

The South Korean automaker, which owns Hyundai and Kia, said on Wednesday it will shovel the massive sum of investment in numerous areas of transportation. This is an effort to transition to a "frontrunner in the future mobility industry," the automaker said. Specifically, it wants ...


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