Hyundai Motor Company joins the ITF Corporate Partnership Board
Hyundai Motor Company, one of the world’s leading automotive manufacturers, has joined the Corporate Partnership Board of the International Transport Forum.
As a Corporate Partner, Hyundai Motor company will work with the ITF on transport decarbonisation, new mobility services and smart cities.
The agreement was signed by Hyundai’s Executive Vice President Dongwook Kim and ITF Secretary-General Young Tae during a ceremony in Hyundai Motor Company’s headquarters in Seoul on 9 December 2022.
ITF Secretary-General Young Tae Kim said:
“I am proud and honoured to welcome Hyundai Motors as a member of the International Transport Forum’s platform for dialogue with the private sector, the ITF Corporate Partnership Board. Hyundai Motors is esteemed by customers around the world for the quality of its products. It is also known as an incredibly innovative company. This spirit of challenging conventions and seeking new solutions will be a hugely valuable asset for our joint work on better transport.”
Hyundai’s Executive Vice President Dongwook Kim said:
“Through participation in the International Transport Forum, a consultative body for the entire global transportation sector, Hyundai Motor Company expects to strengthen its status as an industry leader, providing innovative mobility experiences to customers and creating a sustainable future beyond automobile manufacturing.”
Established in 1967, the Hyundai Motor Company is active in 193 countries. The company sold just under 4 million vehicles worldwide in 2021. It employs 75 000 people and operates the world’s largest car factory in Ulsan, Korea. In 2021, the Hyundai Motor Company ranked fourth globally in industrial design registrations, according to the World Intellectual Property Indicators. Hyundai Motor Company is working to make hydrogen an economically viable energy source to support the world’s transition to clean energy. The company is also expanding its role by investing in mobility services and working with leading mobility service providers.
The ITF is an intergovernmental organisation with 64 member countries that facilitates global dialogue for better transport. It acts as a think tank for member governments and organises an Annual Summit of transport ministers. The Corporate Partnership Board (CPB) is the ITF's platform for engaging with the private sector and enriching global transport policy discussion with a business perspective.
The members of the ITF Corporate Partnership Board are: AB InBev, Airbus, Allianz Partners, Alstom, Amazon, Aramco, Arrival, AutoCrypt, Bosch, CEIIA, Cruise, Enel, ExxonMobil, Hyundai Motor Company, Iberdrola, Kakaomobility, Michelin, Mott Macdonald, NXP, PTV Group, RATP Group, Rolls Royce, Shell, Siemens, SPEA Engineering, TIER Mobility, Total Energies, Toyota, Trucknet, Uber, Valeo, Voi, Volvo Cars and Volvo Group. More information about the ITF Corporate Partnership Board at www.itf-oecd.org/CPB
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