Hyundai Motor Group (the Group) has signed a Memorandum of Understanding (MoU) with the South Korean government and Jeonbuk State to establish an innovation hub in the Saemangeum area of Gunsan city.

This strategic move positions the Group as a leader in robotics, AI and energy solutions, with plans to invest approximately KRW 9 trillion beginning in 2026 to construct a cutting-edge industrial complex. Through this initiative, the Group aims to pioneer the seamless integration of advanced AI and hydrogen energy transformation to advance human progress.

“What we're building in Saemangeum will reshape not just a region, but Korea's industrial future. Hyundai Motor Group brings together the manufacturing excellence, AI capabilities, and hydrogen energy expertise needed to establish a truly advanced industrial ecosystem. This is how we translate our commitment to 'Progress for Humanity' into reality.” – Jaehoon Chang, Vice Chair of Hyundai Motor Group

The group will establish a major innovation hub dedicated to advancing robotics, AI, hydrogen energy, solar power and AI-driven smart city solutions. A significant portion of the investment will focus on new businesses based on these technologies, contributing to the development of Korea’s future industrial competitiveness. Through expanded investment across various regions, the Group aims to stimulate local economic growth and lay the foundation for the sustainable growth of Korea and its mobility industry.

Saemangeum is a strategic location for this transformative project due to its abundant renewable energy resources and comprehensive transportation infrastructure, including rail, port and airport connectivity.

This investment is a core initiative within the Group’s broader plan to invest KRW 125.2 trillion in Korea from 2026 to the end of 2030, announced last year.