Hyundai Motor Group Outlines Plans to Accelerate New Economy Through Smart Mobility Solution

Hyundai Motor Group (the Group) presented its vision to accelerate the new economy through smart mobility solutions, such as its Smart City concept and advances in robotics and AI, at the 2022 Bloomberg New Economy Forum (The Forum) in Singapore, on Nov. 14-17.

Established in 2018, with the Group as one of its founding partners, the Forum brings together more than 500 of the world's most influential CEOs, leaders, visionaries, scientists, entrepreneurs, and policymakers to find solutions to humanity's most pressing problems with the discussions streamed live across the globe.

Hosted by Michael R. Bloomberg, the fifth annual Forum's guiding theme was 'Lighting a path through the storm.' For its part in the event, the Group chose the theme 'Hyundai accelerates the new economy through its smart mobility solutions,' encapsulating its unique strengths as a smart mobility and logistics solutions provider for Smart Cities, and a pioneer of robotics and artificial intelligence (AI) technologies.

The Group's forum participants included Euisun Chung, Hyundai Motor Group Executive Chair; Jaehoon Chang, President and CEO of Hyundai Motor Company; Jaiwon Shin, President and Head of Advanced Air Mobility Division; Hongbum Jung, Senior Vice President and Head of HMGICS; Hyeyoung Kim, Vice President and Head of Smart City Innovation Group; as well as Marc Raibert, Executive Director and Head of AI Institute.
Following the Group's presentation of its Smart City Vision at the World Cities Summit in Singapore earlier this year, Vice President Kim led the Hyundai Partner Session at the Forum to share why the Group sees smart cities as the future of urban development.

Kim also shared the Group's progress in developing logistics solutions and highlighted how its groundbreaking technologies and services would bring greater levels of efficiency, convenience, and sustainability to Smart Cities.