Hyundai Motor Company
Founding Grounds: Hyundai Group Launches Ambitious Project at Joo-Young Chung’s Inaugural Site
November 13, 2023 – Hyundai Motor Company announced today the establishment of a state-of-the-art electric vehicle (EV) manufacturing plant in Ulsan, commemorated with a groundbreaking ceremony. Significantly, over 50 years ago, the founder and inaugural chairman of the Hyundai Group, Joo-Young Chung, laid the foundation for the company’s initial major production facility at this very…
Collaborative Breakthrough: Hyundai Joins Forces with Samsung, SK, and LG in Automotive Alliance
June 13, 2023 – In a remarkable move, Hyundai has announced a groundbreaking alliance with Samsung, SK, and LG, aiming to revolutionize the electric vehicle industry by leveraging their combined strengths and resources. According to reports, Samsung will primarily contribute its cutting-edge semiconductor solutions for autonomous driving systems. SK, on the other hand, will focus…