Home Business News Hyundai Motor Corporation appoints new director for its mobility division

Hyundai Motor Corporation appoints new director for its mobility division

© Reuters. FILE PHOTO: Automakers display their products on the show floor of the North American International Auto Show in Detroit

SEOUL (Reuters) – Hyundai Motor Corporation said on Friday it had set up a new mobile division to roll out more service models and appoint an outsider as director after his tenure with global tech giants like Apple Inc (NASDAQ 🙂 and Microsoft (NASDAQ:).

Song Chang-hyeon will head the newly formed Transportation as a Service (TaaS) division, which will oversee the mobile business for Hyundai Motor Co and Kia Corp, the parent company said in a statement.

In addition to working as an engineer for Apple and Microsoft, Song is also the chief technology officer of the popular Korean web portal Naver and founded a self-propelled trucking startup, 42dot, which has Hyundai Motor and Kia are the early investors. .

With the new division, Hyundai Motor and Kia plan to strengthen alliances and collaborations with companies moving around the globe, as the Korean automaker is committed to “breaking the mold of the auto industry. traditional bowl “and transform itself from a maker into a wider means of transportation. service Provider.

Hyundai Motor Corporation plans to streamline existing mobility services, introduce new services based on user data and explore business opportunities, the statement said.

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