Hyundai Motor Group Art Cars Rally in Paris to Support Busan’s Final Bid to Host 2030 World Expo

– 10 Hyundai IONIQ 6 and Kia EV6 art cars to promote Busans charm and readiness in Paris this week ahead of the vote to name the 2030 World Expo host city
– The selection of the 2030 World Expo host city to take place at the 173rd Bureau International des Expositions (BIE) General Assembly in Paris on November 28
– Hyundai Motor Group (the Group) iIONIQ 5 and Kia EV6 were selected for the final push as these EVs underline Busans vision to overcome climate change and seek a sustainable futu

SEOUL/PARIS – WEBWIRE

Hyundai Motor Group (the Group) is rolling out a fleet of art cars in Paris, France, from November 2328, in a final drive to promote Busan, South Koreas bid to host the 2030 World Expo. The voting for that honor will take place at the 173rd General Assembly of the BIE in Paris on November 28.

The Group is providing the Korean delegation with 10 Hyundai IONIQ 6 and Kia EV6, all-electric models, wrapped in a colorful graffiti design featuring symbols of Busan, such as seagulls and the Gwangan Bridge, as well as the slogan BUSAN is Ready.

The 173rd General Assembly of the BIE will see final presentations from each of the three candidate cities Busan, South Korea; Riyadh, Saudi Arabia; and Rome, Italy elected via secret ballot by each BIE Member State.

For this final campaign, the Group selected IONIQ 6 and EV6 to emphasize Busans commitment to hosting a carbon-neutral World Expo under the theme Transforming Our World, Navigating Toward a Better Future.

The art car fleet will tour major attractions, such as the Arc de Triomphe and the Louvre, as well as areas near the BIE headquarters and the embassies of various countries, promoting Busans bid to key officials from BIE member countries and tourists from around the world.

On November 28, the day of the 173rd General Assembly of the BIE, the Group will operate an art car around Le Palais des Congrs dIssy, the venue of the General Assembly. It will make every effort to win the support of BIE members until the vote is cast.

The Group is running outdoor video advertisements highlighting Busans charms on a large scale through 270 digital screens located in major areas of Paris during the month of November. The art cars were also used during the Busan Expo Symposium and K-POP concert held in Paris last month to further promote Busans bid.

In addition, the Groups art cars traveled to major international events, such as the APEC Economic Leaders Week in San Francisco, the UN General Assembly in New York, the G20 Summit in New Delhi, India, and the ASEAN Summit in Jakarta, Indonesia.

The Group has actively promoted the Busan World Expo at home and abroad in the digital realm, publishing more than 90 pieces of global content, such as short form videos and card news, to proclaim that Busan is the best city to host the 2030 World Expo.

The Busan Initiative with the Whole World, a promotional video for the Busan World Expo that the Group released last month, exceeded 100 million views within 17 days of its release, contributing to the promotion of South Koreas desire to host the event and Busans competitiveness.

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 Groups 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 and its products can be found at:

http://www.hyundaimotorgroup.com or Newsroom: Media Hub by Hyundai , Kia Global Media Center (kianewscenter.com) , Genesis Media Center

TVS Motor Company Forges Strategic Partnership with Emil Frey for Key European Markets

TVS Motor Company – a leading global automaker that operates in the two and three-wheeler segments – today announced its entry into Europe by signing an agreement for import and distribution with Emil Frey, a 100 year old enterprise and a leading name in automotive distribution.

This partnership signifies a significant step towards global expansion for TVS Motor Company, leveraging Emil Frey’s extensive distribution network and deep market insights in Europe. TVS Motor Company, known for its commitment to innovation and quality, is set to offer European customers a diverse range of high-performance and technologically advanced two-wheelers.

Lorenz Frey-Hilti, Director Emil Frey Group & Sudarshan Venu, Managing Director, TVS Motor Company announcing the partnership

Both TVS Motor Company and Emil Frey share a commitment to responsible and sustainable mobility and place a strong emphasis on delivering impeccable customer service and satisfaction. TVS Motor Company’s focus on providing cutting-edge and pioneering solutions, combined with Emil Frey’s deep ability to understand local customers and their evolving needs has helped create a unique DNA for this partnership, which will form a strong foundation for TVS Motor’s expansion in Europe.

Emil Frey is among the largest automobile importers and retailers in Europe, serving many leading automotive brands across the region. As part of this partnership, Emil Frey Group entities will take charge of the distribution of TVS products in selected countries, utilizing their Sales, Marketing, and Service networks. Among the TVS products being made available in Europe will be TVS Jupiter 125, TVS NTORQ , TVS Raider, TVS iQube S, TVS X, TVS Ronin, TVS Apache RR 310, and TVS Apache RTR 310.

TVS Motor products are already sold in 80+ countries spanning the geographies of Asia, Africa and Latin America. Exports comprise nearly 25% of the company’s business as of H1 FY 2023 – an endorsement of the company’s high quality, technologically superior offerings and its R&D capability.

Announcing the foray into Europe, Sudarshan Venu, Managing Director, TVS Motor Company said, “This strategic alliance with Emil Frey is a crucial step in our global expansion strategy. Europe will be a key market for us, and through this partnership, we aim to bring our cutting-edge products closer to European customers.In having a partner like Emil Frey, there is a coming together of two century old, pedigreed organisations, both driven by shared values of responsible and sustainable mobility and customer service. Together, we are excited to serve customers and two-wheeler aficionados in Europe and look forward to a successful partnership.”

Lorenz Frey-Hilti, Director Emil Frey Group said, “We take great pride in forging a robust and loyal partnership between our two esteemed traditional companies in the mobility sector. Together, we seamlessly blend heritage with innovation. I am very proud that TVS Motor Company is relying on our expertise in the European market and using our distribution network to bring their great products to customers. Our two companies complement each other perfectly and I look forward to seeing this partnership flourish.”

This partnership is based on the principles of trust, mutual respect and performance. The two companies plan to use their collaborative efforts to enter into distribution arrangements for select EU markets, prioritising countries with strong two-wheeler demand coupled with existing Emil Frey infrastructure and resources to build the distribution network. France will be the first country for the launch, where an entire suite of TVS Motor products including ICE and EV models will be made available starting January 2024, consequent to this agreement.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE:TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. For more information, please visit www.tvsmotor.com.

About Emil Frey Group

The Emil Frey Group, a family-owned leading player in the European automotive sector, has been a mobility specialist for almost 100 years. Founded in 1924 in Zurich, Switzerland, the Emil Frey Group has grown from a local company to an innovative mobility specialist offering a diverse portfolio of products and services to meet the evolving needs of its customers. Founded on the principle of always serving customers promptly and conscientiously, while remaining a modest specialist, the Emil Frey Group today counts more than 25,000 specialists in 19 European countries, dedicated to providing exceptional products and services to its customers. For more information, please visit www.emilfrey.ch.

For more information, please contact:

KS Harini: ks.harini@tvsmotor.com / Priyanka Kumar: Priyanka.kumar@tvsmotor.com 


Topic: Press release summary

Japan – Toyota Motor Philippines Marks 35th Anniversary

Toyota Motor Corporation (TMC) announces that Toyota Motor Philippines Corp. (TMP), its vehicle manufacturing and distribution subsidiary in the Philippines, held a ceremony today in Manila, Philippines, to celebrate its 35th anniversary. Approximately 600 people attended the ceremony, including Mrs. Louise Araneta-Marcos, First Lady of the Philippines and Kazuhiko Koshikawa, Ambassador of Japan to the Philippines, and other members of the Philippines government, as well as representatives from local suppliers and dealers. Attendees from Toyota included TMC Chairman Akio Toyoda and TMP Chairman Alfred Ty expressed his gratitude to the Philippines and his commitment to making further contributions.

For more information, visit https://global.toyota/en/newsroom/corporate/39689146.html.

Copyright ©2023 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Hyundai Motor Group and LG Energy Solution to Establish Battery Cell Manufacturing Joint Venture in the U.S.

WEBWIRE

  • The new battery cell JV will be located in Bryan County, Savannah, Georgia where Hyundai Motor Group Metaplant America is currently being built
  • Total investment amount of over USD 4.3 billion; HMG and LGES to take a 50 percent stake respectively
  • JVs battery production aimed to start at the end of 2025 with an annual production capacity of 30 GWh, capable of supporting the production of 300,000 EVs
  • Building the second battery manufacturing JV, the Group and LGES aim to continue strengthening the ties with their long-time partnership in electrification effort

Hyundai Motor Group and LG Energy Solution (LGES) announced an EV battery cell manufacturing joint venture in the U.S. today.

Hyundai Motor Group and LGES signed a memorandum of understanding to produce EV batteries in the U.S. and further accelerate the Groups electrification efforts in North America. The signing ceremony took place in LGESs headquarters in Seoul on May 26 with the attendance of Jaehoon Chang, President and CEO of Hyundai Motor Company and Youngsoo Kwon, CEO of LG Energy Solution.

The Group and LGES will each hold a 50 percent stake in the JV, which will involve an investment of over USD 4.3 billion (KRW 5.7 trillion).

Hyundai Motor Group is focusing on its electrification efforts to secure a leadership position in the global auto industry. We will create a strong foundation to lead the global EV transition through establishing a new EV battery cell plant with LG Energy Solution, a leading global battery producer and long-time partner, said Jaehoon Chang, President and CEO of Hyundai Motor Company.

Two strong leaders in the auto and battery industries have joined hands, and together we are ready to drive the EV transition in America, said Youngsoo Kwon, CEO of LG Energy Solution. By further advancing our product competitiveness and global operational expertise, LG Energy Solution will commit our best efforts to offering the ultimate sustainable energy solutions to our customers.

The annual production capacity of the new joint venture is at 30 GWh, able to support the production of 300,000 units of EVs annually. The facility will be in Bryan County, Savannah, Georgia, adjacent to Hyundai Motor Group Metaplant America, currently under construction.

Starting construction in the second half of 2023, the joint venture plans to start battery production at the end of 2025 at the earliest.

Hyundai Mobis will assemble battery packs using cells from the plant, then supply them to the Groups U.S. manufacturing facilities for production of Hyundai, Kia and Genesis EV models. The new facility will help create a stable supply of batteries in the region and allow the Group to respond fast to the soaring EV demand in the U.S. market.

With this JV, LGES now has seven battery plants currently operating or being constructed in the U.S., where the company is concentrating most of its resources to expand the production capacity. By ramping up its local production, LGES aims to provide innovative products both in scale and with speed, thereby expediting the clean energy transition in the U.S.

The Group and LGES have long been partners in the field of electrification having worked on the supplies of EV batteries for vehicles, including Elantra Hybrid, Kona Electric, and IONIQ 6 dedicated EV. The Hyundai Elantra Hybrid, LPi hybrid vehicle introduced in 2009, was the Groups first electrified model. In 2021, both started construction of the Indonesia battery cell JV which is set to start production in the first half of 2024.

The Group and LGES aim to further strengthen the ties going forward with the EV battery cooperation.

About LG Energy Solution
LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 25,000 patents. Its robust global network, which spans North America,Europe,Asia, andAustralia, includes battery manufacturing facilities established through joint ventures with major automakers such as General Motors, Stellantis N.V., Hyundai Motor Group, and Honda Motor Co., Ltd. At the forefront of green business and sustainability, LG Energy Solution aims to achieve carbon neutral operations by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solutions ideas and innovations, visit https://news.lgensol.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 Groups 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

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Information posted in press releases on the Kia Media website was accurate at the time of posting but may be superseded by subsequent releases or other information.

Hyundai Motor Wins Six iF Design Awards for Innovative Digital Communication Content and CES Exhibition

In a year when Hyundai Motor Company picked up 19[i] iF Design Awards for innovative cars and concepts, its six items of the companys marketing projects hoisted for its creative work in digital and physical spaces, demonstrating the breadth and depth of the companys forward-thinking work.

Hyundai Motor earned several of the prestigious iF Design Awards in the Communication and User Experience (UX) categories for its work promoting the companys acclaimed IONIQ 6 all-electric vehicle, which itself earned a Gold award in the Product category.

These awards are proud badges of honor for Hyundai that represents not only our product excellence but also our unique brand values and efforts dedicated to providing a leading-edge mobility experience to our customers, said Sungwon Jee, Senior Vice President and Global Chief Marketing Officer of Hyundai Motor Company. Hyundai will further strengthen its marketing activities to provide experiences aligning with our brand vision of Progress for Humanity to sincerely communicate with our customers.

iF Design Awards international jury recognized theworld premiere video of IONIQ 6 in the Communication category. The engaging narrative video is based on the concept of Awaken Your World, telling a story about IONIQ 6s flexible interior and personalized customer experience as a space optimized for a variety of lifestyles.

The video focuses on the IONIQ 6 as a dedicated eco-friendly electric vehicle that offers customers a new mobility experience by advancing the electrification experience. This is in line with Hyundais brand vision of Progress for Humanity, which aims to contribute to a better everyday life for customers.

The jury also lauded the IONIQ 6 design unveil video for digital billboards for its impactful and immersive expression of the EVs Electrified Streamliner design concept in the Communication category. The eye-catching outdoor advertising appeared at global landmarks, including K-POP Square in Seoul, Times Square in New York City and Piccadilly Circus in London.

The judges also honored the online IONIQ 6 Digital Studio in both the Communication and UX categories. Created during the pandemic, IONIQ 6 Digital Studio is designed to provide innovative, immersive digital experiences to customers that effectively communicate about the car through digital channelswith six themes that relate to their lifestyles.

The launch campaign was deemed a success, with people around the world experiencing IONIQ 6 across a range of digital touchpoints, including augmented reality (AR), virtual reality (VR), wearable tech and mobile devices. In an innovative virtual space developed to resemble IONIQ 6, Hyundai brought to life the idea that IONIQ 6 is more than just a way to get around its a place to work, play and relax, and that our customers can do whatever they want with it.

Hyundais IONIQ 5 robotaxi global campaign video also won in the Communication category. The video captures the humanization philosophy behind Hyundais autonomous driving technology development and the vision for the customer experience in Level 4 autonomous vehicles.

The two campaign videos go beyond simply presenting new technologies by using heartwarming stories to familiarize customers with a smart mobility that they will experience soon. The first episode emphasizes the robotaxis actions resembling those of a careful, considerate driver and the second episode focuses on the robotaxis caring of all sorts of passengers from teenagers to the elderly.

In the Interior Architecture category, the iF Design Award jury acclaimed Hyundais 2022 CES exhibition booth where the companys award-winning robotics-based mobility devices were first displayed. The booth introduced the Hyundais far-reaching concept of metamobility through an immersive experience showcasing how the real and virtual world can merge into one metaverse.

The CES exhibition booth took the form of a building made up of 20 modules, with a futuristic design concept about things moving freely and organizing themselves in optimal spaces based on their purposes, while also connecting to a mobility ecosystem concept.

This is the ninth year in a row that iF Design Award has celebrated Hyundai Motor Company in various disciplines.

iF Design Award is one of the three major international design awards, along with the Red Dot Award from Germany and International Design Excellence Award (IDEA) from the U.S. It celebrates winners in nine disciplines, including Product, Communication, Packaging, Service Design, Architecture, Interior Architecture, User Experience (UX), User Interface (UI) and Professional Concepts, in 80 categories. All award-winners are shown on www.ifdesign.com and published in the iF Design App.

iF International Forum Design GmbH, one of the worlds leading independent design institutions, founded the competition in Hanover in 1954. iF Design Award Night 2023, the Awards ceremony, is scheduled to take place on May 15, at the Friedrichstadt-Palast, Berlin.

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.

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