Visit Hyundai in your country/region
Page sharing

Business Hyundai Motor and Mubadala Collaborate on Future Business Opportunities

  • Hyundai Motor Company and Mubadala Investment Company have signed a memorandum of understanding to explore collaboration on future mobility and cutting-edge technologies, including the hydrogen value chain and production
    DOCX / 126 KB Hyundai Motor and Mubadala Collaborate on Future Business Opportunities
  • (left) Jaehoon Chang, President and CEO of Hyundai Motor Company, and  (right) Waleed Al Mokarrab Al Muhairi, Deputy Group Chief Executive Officer of Mubadala Investment Company signed an agreement to jointly explore business opportunities for future mobility and technology
    JPG / 1.5 MB Hyundai Motor and Mubadala Collaborate on Future Business Opportunities

Please use Safari to download the files.

Empty cart?

Business Hyundai Motor and Mubadala Collaborate on Future Business Opportunities

Hyundai Motor Company and Mubadala Investment Company have signed a memorandum of understanding to explore collaboration on future mobility and cutting-edge technologies, including the hydrogen value chain and production
Hyundai Motor and Mubadala Collaborate on Future Business Opportunities
  • Hyundai Motor Company and Mubadala Investment Company have signed a memorandum of understanding to explore collaboration on future mobility and cutting-edge technologies, including the hydrogen value chain and production
  • File Info. DOCX / 126 KB / Dec 15, 2023 / Hyundai Motor and Mubadala Collaborate.docx
  • Link Hyundai Motor and Mubadala Collaborate on Future Business Opportunities

Business Hyundai Motor and Mubadala Collaborate on Future Business Opportunities

(left) Jaehoon Chang, President and CEO of Hyundai Motor Company, and  (right) Waleed Al Mokarrab Al Muhairi, Deputy Group Chief Executive Officer of Mubadala Investment Company signed an agreement to jointly explore business opportunities for future mobility and technology
Hyundai Motor and Mubadala Collaborate on Future Business Opportunities
  • (left) Jaehoon Chang, President and CEO of Hyundai Motor Company, and (right) Waleed Al Mokarrab Al Muhairi, Deputy Group Chief Executive Officer of Mubadala Investment Company signed an agreement to jointly explore business opportunities for future mobility and technology
  • File Info. JPG / 1.5 MB / Dec 15, 2023 / mk01.jpg
  • Link Hyundai Motor and Mubadala Collaborate on Future Business Opportunities
Next
Prev
이전 페이지

Hyundai Motor and Mubadala Collaborate on Future Business Opportunities

Added to
Media Cart
Copied to
clipboard
URL copied to clipboard

Share via email We do not collect email addresses.

Business 202312151800
Hyundai Motor and Mubadala Collaborate on Future Business Opportunities

2 minutes read
Added to
Media Cart
Copied to
clipboard

Share via email We do not collect email addresses.

  • Hyundai Motor Company and Mubadala Investment Company to explore collaboration on future mobility and cutting-edge technologies, including the hydrogen value chain and production
  • The parties will also explore potential investment opportunities
Jaehoon Chang, President and CEO of Hyundai Motor Company, and  (right) Waleed Al Mokarrab Al Muhairi, Deputy Group Chief Executive Officer of Mubadala Investment Company signed an agreement to jointly explore business opportunities for future mobility and technology

SEOUL/ABU DHABI, December 15, 2023 – Hyundai Motor Company and Mubadala Investment Company “Mubadala”, an Abu Dhabi-based global sovereign investor, have signed a memorandum of understanding (MOU) to jointly explore potential business opportunities and synergies for future mobility and technologies.


The signing ceremony, which took place in Abu Dhabi, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company, and Waleed Al Mokarrab Al Muhairi, Deputy Group Chief Executive Officer of Mubadala Investment Company. This marks the beginning of a strategic collaboration that will drive progress in future mobility and clean technologies.


The agreement will allow both parties to jointly invest and share expertise, leveraging the advantages of Mubadala's investments and Hyundai Motor's expertise in various fields, including green steel production, green aluminum production and recycling, as well as advanced air mobility (AAM), and infrastructure for electric vehicles.


In addition, Hyundai Motor and Mubadala will seek to unlock potential investment opportunities.

This collaboration capitalizes on the organic synergy between Hyundai Motor's eco-friendly and futuristic business strategies, including hydrogen, green steel, green aluminum as well as future mobility technologies, and Mubadala's investment portfolio. Hyundai Motor will continue to pursue diverse partnerships to achieve a sustainable future and contribute to the global energy transition.

Jaehoon Chang, President and CEO of Hyundai Motor Company
Jaehoon Chang

President and CEO of Hyundai Motor Company

This strategic partnership with Hyundai Motor Company marks a significant milestone in our journey to further diversify our portfolio across sectors that are shaping the future of the global economy such as mobility, green technology, and energy. Through our combined strengths and expertise, we will surface new investment opportunities that are in line with our strategic growth ambitions and sustainability agendas. We look forward to collaborating with Hyundai Motor Company and expanding our presence in South Korea.

Waleed Al Mokarrab Al Muhairi, Deputy Group CEO of Mubadala Investment Company
Waleed Al Mokarrab Al Muhairi

Deputy Group CEO of Mubadala Investment Company

Dain Kang

Global PR Strategy & Planning · Hyundai Motor Company

Get media kit

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

Prev topic Hyundai at a glance
Back to the list Business
Next topic Corporate Information

Continue reading