Paving the way for a new industrial future The new facility is a joint venture between PIF and Hyundai Motor Company The plant will manufacture internal combustion engine and electric vehicles, with an annual production target of 50,000 vehicles to supply Saudi Arabia KING ABDULLAH ECONOMIC CITY, Saudi Arabia, May 14, 2025 /PRNewswire/ -- Hyundai Motor Manufacturing Middle East (HMMME), a joint venture between PIF and Hyundai Motor Company, today hosted its groundbreaking ceremony in the recently announced ...