Invest in fostering parts makers and building infrastructure
The Hyundai Motor Group, the government, and the financial sector will create a fund worth 200 billion won to create an ecosystem for the future vehicle industry such as autonomous vehicles, electric vehicles, and hydrogen vehicles. Compared to automakers, the public and private sectors have joined forces to foster domestic parts makers that are less prepared for the future car era, and to build an infrastructure for charging electric vehicles and hydrogen electric vehicles.
viewer
On the 4th, Hyundai Motor Group announced on the 4th that it has signed an’industry-financial new deal investment cooperation agreement’ with government agencies, financial institutions, and policy fund management institutions at Hyundai EV Station Gangdong on the 4th.
This business agreement was promoted to support the investment of the new deal in the future car and industrial digital sectors together with industry and finance, and to strengthen the growth of small and medium-sized companies and the industrial ecosystem.
Companies, institutions, and banks participating in the agreement agreed to cooperate with each other within this year to create a’future car and industrial digital investment fund’ worth 200 billion won, which is a subsidiary fund of the policy-type New Deal Fund. The fund consists of three funds: two corporate investment funds worth 150 billion won and infrastructure investment funds worth 50 billion won. To this end, private investment institutions such as Hyundai Motor Group 30 billion won, Industrial Technology Evaluation and Management Agency (KEIT) 30 billion won, Industrial Technology Promotion Agency (KIAT) 20 billion won, and IBK 10 billion won will invest a total of 90 billion won in matching funds. . A policy-type New Deal Fund, a parent fund of 50 billion won and other private funds of 60 billion won, will also be invested.
The corporate investment fund invests in domestic parts companies developing new technologies to enter the eco-friendly future car parts company from the existing internal combustion engine parts, while the infrastructure investment fund invests in eco-friendly future car infrastructure such as high-speed electric vehicle charging stations and hydrogen charging stations. Each of the three funds participates 10 billion won.
An official of the Hyundai Motor Group said, “As the market for pollution-free vehicles such as electric vehicles and hydrogen electric vehicles is expanded and the commercialization of future new technologies such as autonomous driving and artificial intelligence is accelerated, we are actively supporting internal combustion engine parts makers to grow into competitive future car parts companies.” Said.
The Hyundai Motor Group is also actively making efforts to expand eco-friendly charging infrastructure. This year, a total of 120 high-speed electric vehicle chargers will be installed in 12 highway rest areas and 8 major city centers across the country.
/ Reporter Kim Neung-hyun [email protected]
< 저작권자 ⓒ 서울경제, 무단 전재 및 재배포 금지 >