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HONG KONG, Nov. 4, 2024 /PRNewswire/ -- CNN International Commercial (CNNIC) and Hyundai Motor Company (Hyundai Motor) are partnering on a cross-platform campaign dedicated to showcasing inspiring success stories from around the world. This campaign will offer a dynamic blend of advertising, branded content, and sponsorship solutions, bringing Hyundai Motor's brand vision of "Progress for Humanity" and its entrepreneurial spirit of innovation to life through stories that will engage and inspire CNN global audiences. The campaign's branded content component includes two films produced by CNNIC's global brand studio Create that aims at enhancing awareness of Hyundai Motor's ongoing support and presence in the world of sports. The first film features Laura Enever, an Australian professional surfer, Guinness World Record holder, and Hyundai brand ambassador, who is actively raising awareness for female surfers and promoting the sport of surfing. Through a cinematic documentary approach, the film will highlight how Laura empowers the next generation of female surfers to pursue their dreams. The partnership also includes Hyundai Motor's exclusive sponsorship of a new editorial series, Visionaries. The show content will air across CNN International's TV, digital and social platforms from November through April to spotlight extraordinary individuals and inspiring leaders in the fields of art, business, technology, and sport. The series will tap into CNN's high-profile roster of correspondents and anchors to personally guide viewers on this journey. Visionaries will provide a platform for these remarkable people who have pioneered change and continue to shape a better world, aligning with Hyundai Motor's mission to elevate the quality of life. "We are excited to collaborate with Hyundai Motor Company on this inspiring campaign that underscores our shared commitment to spotlight the diversity of inspiring leaders across different fields of importance who have each pioneered change for the better," said Cathy Ibal, Senior Vice President, CNN International Commercial. "Through our authentic storytelling and a rich mix of branded content and the editorial series, we hope the compelling stories we shared will inspire CNN's global audiences and spark meaningful conversations." Airing on 2nd November, the first episode of Visionaries features Olympic legends Simone Biles and Jordan Chiles discussing handling pressure on the world stage, along with former PepsiCo CEO Indra Nooyi on balancing motherhood and leadership. About CNN International Commercial CNN International Commercial (CNNIC) is responsible for the business operations of CNN's properties outside of the United States. All commercial activities for brands such as CNN International, CNN Arabic, CNN Style and CNN Business are aligned within the division. This encompasses the advertising sales, sponsorship partnerships, commercial content development, content sales, brand licensing, distribution and out-of-home operations, business development and marketing for the world's leading international news provider. CNNIC is a recognised industry leader in international advertising sales and its use of award-winning commercial content, produced through its Create unit and driven by its advanced data usage and digital capabilities, has resulted in strong and enduring partnerships with many of the world's most recognised brands. Its Content Sales and Licensing unit has relationships with more than 1,000 affiliates ranging from licensing the CNN brand through to content supply contracts as well as offering consultancy services. For more information visit http://commercial.cnn.com About Hyundai Motor Company Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision 'Progress for Humanity,' Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Advanced Air Mobility (AAM) to bring about revolutionary mobility solutions while pursuing open innovation to introduce future mobility services. In pursuit of a sustainable future for the world, Hyundai will continue its efforts to introduce zero-emission vehicles with industry-leading hydrogen fuel cell and EV technologies. More information about Hyundai Motor and its products can be found at: https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai
BRUSSEL, June 17, 2024 /PRNewswire/ -- The Hydrogen Council is proud to announce Hyundai Motor Company President and CEO Jaehoon Chang as its new Co-Chair, joining Sanjiv Lamba, CEO of Linde. Together, the two Co-Chairs will work closely with member CEOs as the Council enters its next chapter focused on unlocking demand for hydrogen and creating a framework for global trade and accelerated investment. A founding member of the Hydrogen Council, Hyundai has been at the forefront of hydrogen momentum for nearly half of the company's existence, achieving many firsts, including the world's first mass-produced fuel cell electric passenger and heavy-duty vehicles (FCEVs), holding the world's top-selling record. The company's commitment to the realization of a hydrogen society extends to the entire hydrogen value chain beyond mobility, providing business solutions from production to storage, transportation, and utilization. Hyundai's leadership across the value chain positions the company uniquely as a global energy transition leader beyond being the primary offtaker. Jaehoon Chang, Hyundai Motor President and CEO and new Co-Chair of the Hydrogen Council said: "The Hydrogen Council is a crucial initiative in our global energy transition effort. I am delighted to be appointed as Co-Chair and I look forward to working with fellow hydrogen leaders to bring the Council's vision to life and expand the positive impact of hydrogen around the world." Jaehoon Chang takes over from Yoshinori Kanehana, Chairman of Kawasaki Heavy Industries, Ltd., who served as Co-chair over the past two and a half years and who said: "It has been an honour to contribute to this key global initiative and help make significant strides in advancing hydrogen as a vital solution for a sustainable energy future. I look forward to continuing to support the Council's efforts as a dedicated member." Sanjiv Lamba, CEO of Linde and Co-Chair of the Hydrogen Council, said: "On behalf of the Council, I'd like to thank Kanehana-san and his team at Kawasaki Heavy Industries for their exceptional contribution to our shared mission, and welcome Jay as the new Co-Chair. His vision and experience will be invaluable as we navigate the opportunities and challenges in advancing hydrogen as a cornerstone of our clean energy future." Ivana Jemelkova, CEO of the Hydrogen Council, said: "We are at a pivotal moment for the hydrogen industry. Our collective efforts are vital in accelerating hydrogen as a viable climate solution, and I am excited to work alongside leaders such as Jaehoon Chang and Sanjiv Lamba and their strong teams to drive this mission forward." The leadership change took place at the Hydrogen Council's annual CEO event last week. More than 200 CEOs and senior executives from the world's leading businesses and investors in hydrogen gathered in Berlin, Germany to take stock of progress, discuss practical solutions, and demonstrate a renewed commitment to collaboration. About The Hydrogen Council To find out more visit www.hydrogencouncil.com and follow us on X @HydrogenCouncil and LinkedIn. About Hyundai Motor Company https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai
TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai's Global eLCV platform. The new vehicle will join Iveco Group's electric light commercial vehicle lineup, enhancing the Group's LCV portfolio alongside the iconic IVECO Daily. Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe The supply agreement signing ceremony, which took place at Hyundai Motor Company's headquarters in Seoul, South Korea, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company, Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle & Hydrogen Business at Hyundai Motor Company, Gerrit Marx, CEO of Iveco Group, and Luca Sra, President, Truck Business Unit, Iveco Group. Hyundai Motor and Iveco Group initiated their partnership in March 2022 and have since generated concrete results related to hydrogen-powered commercial vehicles, including the co-development of the eDAILY FCEV and the launch of the E-WAY FCEV city bus. The new agreement not only signifies an extension of their partnership to encompass a broader array of eco-friendly lineups, but also underscores the shared commitment of both companies to accelerate the transition toward carbon-neutral mobility and transport. The IVECO-badged vehicle will be the first export model to apply Hyundai's new Global all-electric Light Commercial Vehicle (eLCV) platform, a dedicated global EV platform made for commercial vehicles ranging from GVW 2.5 tons to 3.5 tons. The innovative platform features Hyundai's latest technology for next generation BEVs with a low-floor design that allows enhanced usability for cargo loading and carrying, designed to fit the emerging needs of future electrified Purpose Built Vehicles in the market. Under the partnership, Hyundai will manufacture and supply the IVECO-badged chassis cab for the European market and Iveco Group will locally customize and distribute the complete vehicles exclusively through its sales channels. Iveco Group's new product based on Hyundai's Global eLCV platform will have its launch at this year's IAA Transportation 2024, planned to be held from September 16 – 22, 2024, in Hannover, Germany. Luca Sra, President, Truck Business Unit, Iveco Group, said, "The unique partnership between Iveco Group and Hyundai Motor Company is making another significant step forward. The introduction of this new all-electric vehicle is particularly exciting for the European market, where urban and suburban distribution and delivery are crucial missions for logistics operators. We are confident that this agreement will not only strengthen our product offering but will also deepen our relationship with Hyundai, paving the way for continued collaborative projects that advance a more sustainable society." "We are delighted to further expand our partnership's product portfolio by leveraging our new, all-electric light commercial vehicle platform," said Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle & Hydrogen Business at Hyundai Motor Company. "We believe our Global eLCV platform, coupled with Iveco Group's expertise in the European market, will be a transformative force in the LCV market, contributing to the acceleration of a carbon-neutral future in Europe."
Both parties will collaborate to jointly establish and promote hydrogen-based mobility in Singapore As Singapore works towards achieving net-zero emissions by 2050, this partnership brings the country one step closer towards a hydrogen ecosystem Areas of focus as part of MOU include commercial vehicles and business models SEOUL, South Korea and SINGAPORE, Nov. 24, 2023 /PRNewswire/ -- Hyundai Motor Company has signed a Memorandum of Understanding (MOU) with Poh Tiong Choon Logistics Limited (PTC) to establish an ecosystem for hydrogen-based mobility in Singapore. Hyundai Motor Company Signs MOU with Poh Tiong Choon Logistics to Develop Hydrogen Ecosystem in Singapore The signing of the MOU aligns with Singapore's national strategy to develop hydrogen as a decarbonization pathway. With this MOU, Hyundai Motor Company will discover business opportunities related to the hydrogen ecosystem in Singapore and establish a collaborative relationship with PTC. Both Hyundai Motor Company and PTC — a leading Singaporean logistics service provider — will collaborate to combine their expertise, experience and resources to develop and build a hydrogen ecosystem (not limited solely to hydrogen-based mobility), from production to utilization. Specific areas of collaboration as part of the MOU include exploring and developing projects to create a hydrogen ecosystem, commercial vehicles, and business models. Officially opened on November 21, the Hyundai Motor Group Innovation Center Singapore (HMGICS) smart urban mobility hub will serve as an innovation lab to support Singapore in its goal to achieve 50 percent hydrogen usage in power generation by 2050. PTC is a major logistics provider in Singapore that engages in transportation, warehouse services, and port leasing. With more than 70 years of history in Singapore, having started business in the 1950s and known today for its strong business network in the country, PTC has a great interest in introducing hydrogen mobility to transition to an eco-friendly logistics business. Hyundai Motor Company is a global leader in driving energy transition. In October, Hyundai Motor Group announced the signing of an MOU with the Korea Automotive Technology Institute (KATECH), Air Products Qudra (APQ) and the Saudi Public Transport Company (SAPTCO) to establish and develop an ecosystem for hydrogen-based mobility in the Kingdom of Saudi Arabia. First launched in 2020, Hyundai's XCIENT Fuel Cell truck has been deployed in six countries — including Switzerland, Germany, Israel, Korea, New Zealand and the US — and has successfully accumulated more than five million miles so far. It is the only heavy-duty fuel cell electric model with a proven record of real-world application and technological reliability. These endeavors underpin Hyundai Motor Group's dedication to pioneering the adoption of clean and efficient energy technologies worldwide. About Hyundai Motor Company Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision 'Progress for Humanity,' Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Advanced Air Mobility (AAM) to bring about revolutionary mobility solutions, while pursuing open innovation to introduce future mobility services. In pursuit of sustainable future for the world, Hyundai will continue its efforts to introduce zero emission vehicles equipped with industry-leading hydrogen fuel cell and EV technologies. More information about Hyundai Motor and its products can be found at:https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai
Hyundai Motor and UCL sign a memorandum of understanding (MOU) ahead of the UK-Korea Business Forum in London on November 22 with key leaders attending Hyundai Motor and UCL to conduct joint research on hydrogen production, fuel cells and electrification technologies, leveraging UCL's new Advanced Propulsion Lab Both parties look to achieve carbon neutrality by accelerating the establishment of a hydrogen economy and realizing a sustainable future mobility ecosystem SEOUL, South Korea, Nov. 23, 2023 /PRNewswire/ -- Hyundai Motor Company today announced that it is partnering with the world-renowned University College London (UCL) to jointly research carbon-neutral future technologies. (From left) Kemi Badenoch, Secretary of State for Trade and Business; Angharad Milenkovic, Vice-President (Advancement) UCL; Professor Nigel Titchener-Hooker, Dean of Engineering Sciences, UCL; Dr Michael Spence, President and Provost, UCL; Dongwook Kim, Executive Vice President, HMC; Moonkyu Bang, Minister of Trade, Industry and Energy of the Republic of Korea. Hyundai Motor signed a memorandum of understanding (MOU) on 'Cooperation in areas of Research and Development for Hydrogen Production, Hydrogen Fuel Cells and Electrification Technology' with UCL at Mansion House in London on November 22. The MOU signing ceremony took place prior to the UK-Korea Business Forum. In attendance were government officials from both countries, including Moon-kyu Bang, South Korea's Minister of Trade, Industry and Energy; and Nigel Huddleston, UK Secretary of State for International Trade; as well as Dong-wook Kim, Executive Vice President of Hyundai Motor Company; and Dr Michael Spence, President and Provost of UCL. With both South Korea and UK aiming to achieve carbon neutrality by 2050, Hyundai Motor looks to accelerate the development of a hydrogen economy and realize a sustainable future mobility ecosystem through this MOU. UCL is a prestigious research-oriented university that is consistently ranked at the top of global university rankings and has produced dozens of Nobel Prize and Fields Medal winners. "Through joint research with UCL, one of the UK's leading research universities, we will accelerate the pace of technological innovation in hydrogen production, fuel cells and electrification," said Jaehoon (Jay) Chang, President and CEO of Hyundai Motor Company. "We hope that this collaboration will contribute to achieving carbon neutrality in the transportation sector, which is a goal shared by Korea and the UK." UCL President and Provost, Dr Michael Spence said, "New technologies, such as hydrogen generation, electric vehicles and fuel cells, are a fundamental part of international efforts to keep the global temperature rise within the goals set out in the Paris Agreement. This partnership will combine UCL's world-leading engineering research with Hyundai's expertise as one of the world's leading automotive companies to accelerate the development of these vital technologies."
The joint venture will leverage Hyundai's global automotive leadership to localize manufacturing in Saudi Arabia The total investment for the manufacturing plant is estimated to exceed $500 million and will manufacture both internal combustion engines and electric vehicles RIYADH, Saudi Arabia and SEOUL, South Korea, Oct. 23, 2023 /PRNewswire/ -- The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have announced the signing of a joint venture agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia. (from left) Euisun Chung, Executive Chair, HMG; Kyungho Choo, Deputy PM and Minister of Economy and Finance; Moon Kyu Bang, Minister of Trade, Industry and Energy; Jaehoon Chang, President and CEO, Hyundai Motor Company; Suk Yeol Yoon, President, Republic of Korea; Yazeed A. Al-Humied, Deputy Governor and Head of MENA Investments, PIF; Khalid Al-Falih, Minister of Investment of Saudi Arabia; Bandar Ibrahim AlKhorayef, Minister of Industry and Mineral Resources; Yasir Al-Rumayyan, Governor, PIF PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%. Hyundai will also act as a strategic technology partner to support the development of the new manufacturing plant, by providing technical and commercial assistance. The total investment for the project is estimated to exceed $500 million. The joint venture announced at the Saudi-Korean Business Forum, aims to manufacture 50,000 vehicles per year, including both internal combustion engine (ICE) and electric vehicles (EV). The plant groundbreaking is planned for 2024, and production is expected to begin in 2026. The new manufacturing plant will create new jobs and allow for knowledge and expertise transfer. The localization of Hyundai's vehicles will accelerate the development of Saudi Arabia's automotive and mobility ecosystem and attract further investments to the sector and the wider economy. The partnership is PIF's latest initiative to elevate Saudi Arabia as a global automotive player, drive transformation in the sector, and boost manufacturing capabilities, infrastructure and supply chains in Saudi Arabia and beyond. Among the major investments in the sector, PIF announced recently the launch of Tasaru, the National Automotive and Mobility Investment Company, which is dedicated to localizing automotive supply chains and manufacturing capabilities. In addition, PIF and Saudi Electricity Company announced the Electric Vehicle Infrastructure Company, with plans to install over 5,000 electric car fast chargers across Saudi Arabia by 2030. As the third largest automaker worldwide in terms of sales volume, Hyundai Motor Group brings invaluable technical capabilities and expertise to design, develop, and operate the vehicle manufacturing plant. The joint venture also underscores PIF's efforts to create national and regional champions, building local capabilities, attracting cutting-edge technology, and creating highly skilled jobs in Saudi Arabia's automotive and mobility sectors. PIF's investments are also localizing automotive component manufacturing in Saudi Arabia, further strengthening the automotive supply chain. Yazeed Al-Humied, Deputy Governor and Head of MENA Investments at PIF, said: "Partnering with Hyundai is another significant milestone for PIF in successfully enabling and accelerating the growth of Saudi Arabia's automotive ecosystem – one of our 13 priority sectors. Our investment in vehicle manufacturing with Hyundai Motor Company is a pivotal milestone, aligning closely with our existing stakes in Lucid and Ceer Motors, and amplifying the breadth of Saudi Arabia's automotive and mobility value chain." Jaehoon Chang, President and CEO of Hyundai Motor Company, said: "We are excited about the potential of this venture to drive significant advancements in vehicle production, fostering a sustainable and eco-friendly automotive future in the region. Our joint efforts will create opportunities for innovation and environmental progress."
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