Latest news with #JaehoonChang
Korea Herald
22-05-2025
- Automotive
- Korea Herald
Hyundai Motor Group Showcases Global Hydrogen Leadership at World Hydrogen Summit 2025
ROTTERDAM and SEOUL, South Korea, May 22, 2025 /PRNewswire/ -- Hyundai Motor Group (the Group) is showcasing its position as a global leader in hydrogen at the World Hydrogen Summit 2025 in Rotterdam, Netherlands, May 20-22. The Group is taking part in both the exhibition and high-level Roundtable to share its latest hydrogen initiatives and drive industry dialogue. At the Summit's Korean Pavilion – organized in collaboration with H2KOREA, a coalition of hydrogen industry stakeholders – the Group is highlighting the global advancement of hydrogen technology, including its hydrogen value chain business under its dedicated HTWO hydrogen brand, with a focus on port decarbonization that aligns with the Port of Rotterdam's sustainability goals. Demonstrating its hydrogen leadership, the Group is also presenting its commercial vehicle fuel cell technologies. The exhibit's centerpiece is a diorama of a hydrogen-powered society, underscoring the transformative potential of hydrogen energy and the collaborative ecosystem being built through HTWO. "Hyundai Motor Group is committed to its longstanding vision of developing and expanding the hydrogen value chain and driving the transition to a decarbonized future," said Jaehoon Chang, Vice Chair, Hyundai Motor Group. "Building a hydrogen ecosystem requires strong partnerships between governments and industry. We will work with global partners and harness our full capabilities across the hydrogen value chain to accelerate the adoption of a hydrogen-powered society." He also highlighted that, "As the industry reaches a pivotal moment in its transition to a hydrogen society, scaling up the hydrogen value chain is essential. We must drive this expansion through standardization to propel the entire hydrogen sector forward." World Hydrogen Summit 2025 As Co-Chair of the Hydrogen Council, Hyundai Motor Group Vice Chair Jaehoon Chang spoke at the Summit, participating in the Ministerial-CEO Roundtable. This focused on aligning public and private efforts to accelerate the development of a reliable and inclusive global hydrogen industry, outlining three strategic joint actions: The Roundtable was co-hosted by the governments of the Netherlands and Brazil, serving as co-chairs of the International Hydrogen Trade Forum (IHTF), in collaboration with the United Nations Industrial Development Organization (UNIDO) and the Hydrogen Council. Vice Chair Chang led the industry delegation.
Yahoo
22-05-2025
- Automotive
- Yahoo
Hyundai Motor Group Showcases Global Hydrogen Leadership at World Hydrogen Summit 2025
Hyundai Motor Group participates in the World Hydrogen Summit 2025, reinforcing its commitment to hydrogen innovation and global collaboration Hyundai Motor Group Vice Chair Jaehoon Chang joins high-level Ministerial-CEO Roundtable as Co-Chair of the Hydrogen Council The Group presents its hydrogen value chain and port decarbonization roadmap, advancing the HTWO brand as an open platform for European partnerships The Roundtable was organized in collaboration with the International Hydrogen Trade Forum, Hydrogen Council, and United Nations Industrial Development Organization ROTTERDAM and SEOUL, South Korea, May 22, 2025 /PRNewswire/ -- Hyundai Motor Group (the Group) is showcasing its position as a global leader in hydrogen at the World Hydrogen Summit 2025 in Rotterdam, Netherlands, May 20-22. The Group is taking part in both the exhibition and high-level Roundtable to share its latest hydrogen initiatives and drive industry dialogue. At the Summit's Korean Pavilion – organized in collaboration with H2KOREA, a coalition of hydrogen industry stakeholders – the Group is highlighting the global advancement of hydrogen technology, including its hydrogen value chain business under its dedicated HTWO hydrogen brand, with a focus on port decarbonization that aligns with the Port of Rotterdam's sustainability goals. Demonstrating its hydrogen leadership, the Group is also presenting its commercial vehicle fuel cell technologies. The exhibit's centerpiece is a diorama of a hydrogen-powered society, underscoring the transformative potential of hydrogen energy and the collaborative ecosystem being built through HTWO. "Hyundai Motor Group is committed to its longstanding vision of developing and expanding the hydrogen value chain and driving the transition to a decarbonized future," said Jaehoon Chang, Vice Chair, Hyundai Motor Group. "Building a hydrogen ecosystem requires strong partnerships between governments and industry. We will work with global partners and harness our full capabilities across the hydrogen value chain to accelerate the adoption of a hydrogen-powered society." He also highlighted that, "As the industry reaches a pivotal moment in its transition to a hydrogen society, scaling up the hydrogen value chain is essential. We must drive this expansion through standardization to propel the entire hydrogen sector forward." World Hydrogen Summit 2025 As Co-Chair of the Hydrogen Council, Hyundai Motor Group Vice Chair Jaehoon Chang spoke at the Summit, participating in the Ministerial-CEO Roundtable. This focused on aligning public and private efforts to accelerate the development of a reliable and inclusive global hydrogen industry, outlining three strategic joint actions: Implementing national financial incentives Boosting economic and industrial benefits Strengthening global trade partnerships and supply chains to drive global hydrogen demand The Roundtable was co-hosted by the governments of the Netherlands and Brazil, serving as co-chairs of the International Hydrogen Trade Forum (IHTF), in collaboration with the United Nations Industrial Development Organization (UNIDO) and the Hydrogen Council. Vice Chair Chang led the industry delegation. About Hyundai Motor Group More information about Hyundai Motor Group can be found at: or Newsroom: Media Hub by Hyundai, Kia Global Media Center ( Genesis Newsroom View original content to download multimedia: SOURCE Hyundai Motor Group Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
22-05-2025
- Automotive
- Associated Press
Hyundai Motor Group Showcases Global Hydrogen Leadership at World Hydrogen Summit 2025
ROTTERDAM and SEOUL, South Korea, May 22, 2025 /PRNewswire/ -- Hyundai Motor Group (the Group) is showcasing its position as a global leader in hydrogen at the World Hydrogen Summit 2025 in Rotterdam, Netherlands, May 20-22. The Group is taking part in both the exhibition and high-level Roundtable to share its latest hydrogen initiatives and drive industry dialogue. At the Summit's Korean Pavilion – organized in collaboration with H2KOREA, a coalition of hydrogen industry stakeholders – the Group is highlighting the global advancement of hydrogen technology, including its hydrogen value chain business under its dedicated HTWO hydrogen brand, with a focus on port decarbonization that aligns with the Port of Rotterdam's sustainability goals. Demonstrating its hydrogen leadership, the Group is also presenting its commercial vehicle fuel cell technologies. The exhibit's centerpiece is a diorama of a hydrogen-powered society, underscoring the transformative potential of hydrogen energy and the collaborative ecosystem being built through HTWO. 'Hyundai Motor Group is committed to its longstanding vision of developing and expanding the hydrogen value chain and driving the transition to a decarbonized future,' said Jaehoon Chang, Vice Chair, Hyundai Motor Group. 'Building a hydrogen ecosystem requires strong partnerships between governments and industry. We will work with global partners and harness our full capabilities across the hydrogen value chain to accelerate the adoption of a hydrogen-powered society.' He also highlighted that, 'As the industry reaches a pivotal moment in its transition to a hydrogen society, scaling up the hydrogen value chain is essential. We must drive this expansion through standardization to propel the entire hydrogen sector forward.' World Hydrogen Summit 2025 As Co-Chair of the Hydrogen Council, Hyundai Motor Group Vice Chair Jaehoon Chang spoke at the Summit, participating in the Ministerial-CEO Roundtable. This focused on aligning public and private efforts to accelerate the development of a reliable and inclusive global hydrogen industry, outlining three strategic joint actions: The Roundtable was co-hosted by the governments of the Netherlands and Brazil, serving as co-chairs of the International Hydrogen Trade Forum (IHTF), in collaboration with the United Nations Industrial Development Organization (UNIDO) and the Hydrogen Council. Vice Chair Chang led the industry delegation. About Hyundai Motor Group More information about Hyundai Motor Group can be found at: or Newsroom: Media Hub by Hyundai, Kia Global Media Center ( Genesis Newsroom View original content to download multimedia: SOURCE Hyundai Motor Group
Yahoo
22-05-2025
- Automotive
- Yahoo
Hyundai Motor Group Showcases Global Hydrogen Leadership at World Hydrogen Summit 2025
Hyundai Motor Group participates in the World Hydrogen Summit 2025, reinforcing its commitment to hydrogen innovation and global collaboration Hyundai Motor Group Vice Chair Jaehoon Chang joins high-level Ministerial-CEO Roundtable as Co-Chair of the Hydrogen Council The Group presents its hydrogen value chain and port decarbonization roadmap, advancing the HTWO brand as an open platform for European partnerships The Roundtable was organized in collaboration with the International Hydrogen Trade Forum, Hydrogen Council, and United Nations Industrial Development Organization ROTTERDAM and SEOUL, South Korea, May 22, 2025 /PRNewswire/ -- Hyundai Motor Group (the Group) is showcasing its position as a global leader in hydrogen at the World Hydrogen Summit 2025 in Rotterdam, Netherlands, May 20-22. The Group is taking part in both the exhibition and high-level Roundtable to share its latest hydrogen initiatives and drive industry dialogue. At the Summit's Korean Pavilion – organized in collaboration with H2KOREA, a coalition of hydrogen industry stakeholders – the Group is highlighting the global advancement of hydrogen technology, including its hydrogen value chain business under its dedicated HTWO hydrogen brand, with a focus on port decarbonization that aligns with the Port of Rotterdam's sustainability goals. Demonstrating its hydrogen leadership, the Group is also presenting its commercial vehicle fuel cell technologies. The exhibit's centerpiece is a diorama of a hydrogen-powered society, underscoring the transformative potential of hydrogen energy and the collaborative ecosystem being built through HTWO. "Hyundai Motor Group is committed to its longstanding vision of developing and expanding the hydrogen value chain and driving the transition to a decarbonized future," said Jaehoon Chang, Vice Chair, Hyundai Motor Group. "Building a hydrogen ecosystem requires strong partnerships between governments and industry. We will work with global partners and harness our full capabilities across the hydrogen value chain to accelerate the adoption of a hydrogen-powered society." He also highlighted that, "As the industry reaches a pivotal moment in its transition to a hydrogen society, scaling up the hydrogen value chain is essential. We must drive this expansion through standardization to propel the entire hydrogen sector forward." World Hydrogen Summit 2025 As Co-Chair of the Hydrogen Council, Hyundai Motor Group Vice Chair Jaehoon Chang spoke at the Summit, participating in the Ministerial-CEO Roundtable. This focused on aligning public and private efforts to accelerate the development of a reliable and inclusive global hydrogen industry, outlining three strategic joint actions: Implementing national financial incentives Boosting economic and industrial benefits Strengthening global trade partnerships and supply chains to drive global hydrogen demand The Roundtable was co-hosted by the governments of the Netherlands and Brazil, serving as co-chairs of the International Hydrogen Trade Forum (IHTF), in collaboration with the United Nations Industrial Development Organization (UNIDO) and the Hydrogen Council. Vice Chair Chang led the industry delegation. About Hyundai Motor Group More information about Hyundai Motor Group can be found at: or Newsroom: Media Hub by Hyundai, Kia Global Media Center ( Genesis Newsroom View original content to download multimedia: SOURCE Hyundai Motor Group
Yahoo
15-05-2025
- Automotive
- Yahoo
Hyundai JV breaks ground on Saudi plant
Hyundai Motor Group's Saudi Arabian joint venture, Hyundai Motor Manufacturing Middle East (HMMME), has broken ground on a vehicle assembly plant in the Kingdom. This is the South Korean automaker's first assembly plant to be built in the region, a move designed to strengthen its presence in the Middle East and North African markets. To mark the occasion Hyundai Motor Manufacturing Middle East (HMMME), a joint venture 70%-owned by Saudi's Public Investment Fund (PIF) and 30% by Hyundai Motor Company, held a ceremony at a venue with the King Salman Automotive Cluster in King Abdullah Economic City (KAEC). The new facility will have an initial production capacity of 50,000 vehicles per year, including internal combustion engine (ICE) and battery-electric vehicles, which it plans to sell domestically and export to other markets in the region. HMMME said it expects to begin production operations at the plant in the fourth quarter of 2026. HMMME claims to be 'building the foundation for a new era of automotive manufacturing in Saudi Arabia. Harnessing the skills of the local workforce, the new manufacturing plant will create thousands of jobs and allow for knowledge transfer and skills development. The localization of Hyundai's vehicles will accelerate the growth of Saudi Arabia's automotive and mobility ecosystem and pave the way for a new industrial future.' Yazeed A Alhumied, PIF's deputy governor and head of Middle East and North Africa (MENA) Investments, said in a statement: 'This groundbreaking is a significant milestone for PIF as it further strengthens the automotive industry in Saudi Arabia. PIF will continue to enable and accelerate the growth of Saudi Arabia's automotive ecosystem through partnerships. This joint venture underscores PIF's commitment to build local capabilities, attract cutting-edge technology, and create highly skilled jobs in Saudi Arabia's automotive and mobility sector.' Hyundai Motor Group vice chairman, Jaehoon Chang, stated: "Today's groundbreaking marks the beginning of a new chapter for both the Kingdom of Saudi Arabia and Hyundai Motor Company, as we lay the foundation for a new era of future mobility and technological innovation. Through our joint venture, we hope to contribute to the development of talent in the region with advanced skills and capabilities under Saudi Vision 2030." HMMME's vice president and CEO, Wongyun Park, further discussed the project: "With HMMME, we are driving change forward and paving the way for a new industrial future in the region. The facility will become a platform for growth and industrial excellence in the heart of the Kingdom." "Hyundai JV breaks ground on Saudi plant" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
