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Hyundai Motor Company
![Founding Grounds: Hyundai Group Launches Ambitious Project at Joo-Young Chung’s Inaugural Site](https://www.itbear.com/wp-content/uploads/2023/11/image-64.png)
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](https://www.itbear.com/wp-content/uploads/2023/06/image-48.png)
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…