“Hyundai Motor Co., Korea’s largest car seller under Hyundai Motor Group, last month agreed on a strategic partnership with US auto giant General Motors Co. to jointly produce clean hydrogen in the US and develop future mobility solutions such as hydrogen fuel-cell cars and EVs.”
The leaders of Toyota Motor Corp. and Hyundai Motor Group will meet in South Korea later this month, raising expectations of a deepening partnership between the world’s No. 1 and No. 3 auto groups in future mobility technology.
Hyundai Motor announced on Tuesday that Akio Toyoda, chairman of Toyota Motor, will visit South Korea to attend the Hyundai N x TOYOTA GAZOO Racing Festival, which will be held at Everland Speedway on the grounds of the theme park in Yongin on Oct. 27.
Famous racers of Hyundai Motor and Toyota’s auto racing teams will take part in the event, while each company’s chief will visit the other’s booth to share their visions of the mobility industry, according to the company.
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