Hyundai Motor, South Korea's top carmaker, said on Sunday it will join hands with the United Arab Emirates' sovereign wealth fund as part of efforts to strengthen its presence in the eco-friendly and future mobility market.Under the memorandum .
Hyundai Motor Co. and Mubadala Investment Co., the United Arab Emirates sovereign wealth fund, have entered into a partnership set to advance projects in hydrogen energy, green aluminum production, eco-friendly mobility solutions, and advanced air mobility. This agreement was sealed at a signing ceremony in Abu Dhabi's Mubadala Tower on Friday, with Chang Jae-hoon, president and co-CEO of Hyundai Motor, and Wale.
Hyundai Motor Company has joined hands with Abu Dhabi s state investment fund Mubadala to develop new environmental technologies in the areas of hydrogen, green aluminum and sustainable transport, according to the country s leading automobile company, Sunday.
Hyundai Motor Signs Preliminary Deal with UAE's Sovereign Wealth Fund for Eco-friendly, Future Mobility Cooperation koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.