Hyundai Motor Group held an Innovation Technology Day event in Seoul. Sharing its future plans and works at this special event, Hyundai zamHe emphasized that he will continue to cooperate with companies around the world in the field of innovation and start-up. The group announced that it has invested more than $2017 billion in more than 2023 startups from 200, when it began to strengthen its innovation activities, to the first quarter of 1. With the exception of Boston Dynamics, Motional and Supernal, Hyundai, which made this significant investment in mobility, supported many lines of business, including mobility services by segment. Accordingly, while investing approximately $550 million in mobility services companies such as Grab in Singapore and OLA in India, it also allocated $50 million to artificial intelligence, $42 million to autonomous driving and $20 million to energy including hydrogen.
Hyundai Motor Group Vice President and Head of Innovation Group Dr. Yunseong Hwang said, “We continue to work on initiatives that can bring positive changes in people's lives with innovative technologies or services. We will establish the necessary ecosystem by actively investing in initiatives that take important steps towards the creation of smart and sustainable mobility solutions of the future and the improvement of well-being and quality of life for humanity.”