On November 19, Hyundai Motor's CEO, Munoz, announced that the company is set to forge ahead with its new - technology deployment and expansion strategies in the United States. Munoz pointed out that the shift towards electrification is an unstoppable force, and current market dynamics clearly validate the correctness of this direction.
When it comes to tariff - related matters, he underscored the imperative of reconfiguring the supply chain. This can be achieved through localized investments and enhanced operational efficiency, with the strategic use of artificial intelligence and robotics technology playing a pivotal role.
Moreover, Hyundai is making significant strides in its U.S. expansion efforts. This comes in the wake of a September raid on the Hyundai - LG Energy Solution battery factory, which was still under construction in Georgia. Munoz clarified that the inspection had no bearing on Hyundai's investment plans in the United States. However, the company will make necessary adjustments to its supply - chain configuration.
