Hyundai Motor-Kia to Donate USD 1 Million to Support Hurricane Ian Relief Initiatives

· Hyundai Motor and Kia donate USD 1 million in total to the American Red Cross

SEOUL / IRVINE – WEBWIRE



Hyundai Motor Company and Kia announced a total of USD 1 million donation to the American Red Cross to help those affected by Hurricane Ian. The donation will support the non-profit as it works to facilitate temporary shelter and provide food and comfort items to those in need.



Additionally, Hyundai Motor America will make a $50 donation to local charities for every Hyundai and Genesis vehicle sold in the United States in October. The funds will help provide emergency lodging, food, water, relief supplies and other support for people whose lives were upended by the record-breaking storm. Hyundai Capital America, which includes Hyundai Motor Finance and Genesis Finance, will also be providing financial hardship support to impacted customers who are eligible for payment relief solutions.



“Hyundai is deeply committed to helping those who have been impacted by Hurricane Ian which devastated Southwest Florida and caused major flooding throughout the South,” said José Muñoz, president and CEO of Hyundai Motor North America. “We are here to deliver immediate support and help communities get back on the road to recovery.” 



Kia Finance America customers affected by Hurricane Ian may be eligible for payment relief solutions. Impacted Kia Finance America customers can call that company’s customer service line to learn more about their options during this challenging time. 



“The path of destruction Hurricane Ian left in its wake is truly devastating, especially throughout Florida and South Carolina. At Kia, we are committed to helping and we are proud that our donation will assist in the recovery process for those affected by this storm,” said Sean Yoon, president & CEO, Kia North America and Kia America. “We applaud the American Red Cross for the important work the organization undertakes not only in times of crisis such as now, but every day.”



Hyundai Motor and Kia actively encourages its employees, dealer network and vendor partners to provide additional support. More information on each company’s charity programs can be found at: https://www.hyundainews.com or https://www.kiamedia.com 



About Hyundai Motor Group

Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel, and construction, as well as logistics, finance, IT, and service. With about 250,000 employees worldwide, the Group’s mobility brands include Hyundai, Kia, and Genesis. Armed with creative thinking, cooperative communication and the will to take on any challenges, we strive to create a better future for all.

 

More information about Hyundai Motor Group, please see: www.hyundaimotorgroup.com

 

 

Hyundai Motor Group Affiliates Join Climate Group’s RE100, Aiming to Expand Renewables Usage

– Four Hyundai Motor Group affiliates, including Hyundai Motor Company, Kia Corporation, Hyundai Mobis and Hyundai Wia, to join RE100 initiatives

– The Group aims to transition to 100% renewable energy between 2040 and 2050

– Other affiliates, including Hyundai Transys, Hyundai Kefico and Hyundai Partecs, agree with purpose and aim of RE100, aligning with the Group’s commitment

WEBWIRE



Hyundai Motor Group (the Group) today announced that four key affiliate companies, including Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia), are now members of Climate Group’s RE100, a global initiative committed to large corporates moving toward 100 percent renewable electricity.


In addition, Hyundai Mobis Co. and Hyundai Wia also become members of Climate Group’s RE100. All four affiliates join more than 350 other global firms in the initiative, with plans to accelerate efforts on the use of 100 percent renewable electricity throughout its global operations.


While all four companies aim to transition to 100 percent renewable energy by 2050, each will make independent efforts to achieve targets ahead of schedule, by as early as 2040, depending on energy supply and demand conditions at their respective overseas operations.


Under the goal of carbon neutrality, the four companies plan to establish a joint RE100 response system at global sites where they commonly operate. The Group is considering various ways to procure renewable energy, such as self-production through solar panels, power purchase agreements (PPA) with wind and solar energy producers, as well as purchase through Korea Electric Power Corporation’s (KEPCO) ‘Green Premium’ program.


Other Group affiliates have agreed with the need to transition to 100 percent renewable energy and plan to actively use it at their operations going forward. Hyundai Transys, Hyundai Kefico, Hyundai Partecs, Hyundai Capital, Hyundai NGV and Mocean will cooperate with Hyundai Motor. Kia Tigers baseball club will cooperate with Kia. HL GreenPower, Hyundai IHL and GIT will cooperate with Hyundai Mobis. And Wia Magna Powertrain and Hyundai Wia Turbo will cooperate with Hyundai Wia.


The Group plans to successfully achieve its carbon neutrality goal by various ways as well as RE100 initiatives. The Group will build an eco-friendly smart factory for efficient production, acceleration of vehicle electrification, and support carbon neutrality in its global supply chain.


RE100 is a global initiative led by the Climate Group and CDP, bringing together the world’s most influential businesses committed to 100 percent renewable electricity, and has been campaigning since 2014. To be a member, a company must have a significant power footprint (i.e., 100 GWh annually) and are required to submit mid- to long-term renewable energy power securing plans within a year after joining. Over 350 global companies are members of RE100.

Hyundai IONIQ 5 named 2022 ‘German Car of the Year’

Just half a year after its launch in the German market, Hyundai’s IONIQ 5 has been named 2022 ‘German Car of the Year’ (GCOTY). In the final round of the notable award, the fully-electric midsize CUV prevailed over its world-class competitors.  At the GCOTY awards, the top car model launches of the year compete against one another in five categories: “Compact”…

Hyundai Motor Group Announces ‘2021 ZER01NE Accelerator’ Open Call to Collaborate with Startups

Hyundai Motor Group (the Group) announced its 2021 ZER01NE Accelerator, an open innovation platform to facilitate collaboration between startups and the Group on various projects. This program aims to discover valuable startups and explore the possibilities of strategic usage of their innovative technologies.

Startups can apply to one of the 45 projects derived by the Group’s internal teams under eight key themes: mobility and logistics, eco-tech, in-car UX, vision AI, AI analytics, materials, drones, and robot material, and interactive contents.

Startups can only apply for one specific project. The Group’s organizations that are responsible for technology developments will be directly involved in reviewing and recruiting the applicants for each project.

Only registered corporations will be eligible for consideration and can submit their application on the official application website from July 1 to July 29.  Results will be announced on September 8th.

Selected startups will be provided with a project development budget and have the opportunity to be evaluated for equity investments.

Since ZER01NE Accelerator was introduced in 2018, 60 teams from nine affiliates of the Group and 73 startups have worked together on 64 collaborative projects. This has led to 39 startups successfully receiving equity investments from the Group.

More details about the 2021 ZER01NE Accelerator can be found on the program’s official website.

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About Hyundai Motor Group
Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel, and construction, as well as logistics, finance, IT, and service.
With about 250,000 employees worldwide, the Group’s mobility brands include Hyundai, Kia, and Genesis.
Armed with creative thinking, cooperative communication and the will to take on any challenges, we strive to create a better future for all.

More information about Hyundai Motor Group, please see: www.hyundaimotorgroup.com

More information about Hyundai Motor and its products can be found at:

worldwide.hyundai.com or globalpr.hyundai.com

Visit the Kia Global Media Center for more information: www.kianewscenter.com

For more information on Genesis and its new definition of luxury, please visit https://www.genesis.com

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