Hyundai Motor Group Executive Chair Euisun Chung Meets HRH the Crown Prince, Reviews New Plant Construction and Group Growth Strategy

Core Insights - Hyundai Motor Group's Executive Chair Euisun Chung met with HRH Crown Prince Mohammed bin Salman to discuss collaboration on Saudi Arabia's Vision 2030 and the group's growth strategy in the region [1] - The discussions included initiatives in mobility, smart cities, and future energy sectors, highlighting Hyundai's commitment to participating in Saudi Arabia's industrial transformation [1] - Hyundai Motor Group is actively involved in Saudi Arabia's giga projects and aims to expand cooperation in renewable energy, hydrogen, and nuclear energy [1] Group 1: Strategic Partnership - Saudi Arabia's Vision 2030 aims to diversify the economy from energy reliance to manufacturing and hydrogen energy, positioning the country as a prominent emerging economy [1] - The kingdom is attracting global automakers, including Hyundai, with the goal of becoming an automotive hub for the Middle East and North Africa [1] - Executive Chair Chung expressed gratitude for the Saudi government's support and outlined ongoing collaborative projects and future plans [1]