South Korea’s Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions. The announcement came before U.S. President Joe Biden meets with South Korean President Moon Jae-in in Washington next week in talks that are expected cover North Korea, COVID-19 vaccines and other topics. Biden has called for $174 billion in new spending to boost electric vehicles and charging. The group’s Hyundai Motor Co. will begin electric vehicle production at a U.S. facility in 2022, while affiliate Kia Corp also plans to build electric vehicles in the United States. Hyundai has a factory in Alabama, while Kia produces cars at a plant in Georgia. “We are reviewing options including expanding on our production facility after we’ve taken a closer look at U.S. market conditions and U.S. government’s …