The Manila Times

Hyundai Motor teams up with Grab, empowers industries in Batangas

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SOUTH Korea’s largest automaker Hyundai Motor Company recently announced its partnershi­p with leading transporta­tion and mobile payments platform Grab, to further expand its innovative future mobility services in Southeast Asia.

The partnershi­p aims to help Hyundai explore new opportunit­ies in the sharing economy, as it enhances its capability to lead the future of mobility in one of the world’s fastest-growing markets, Southeast Asia.

The two companies will also explore ways to develop and provide innovative services to Southeast Asian customers, including a new mobility service platform that will utilize Hyundai’s eco-friendly models such as the IONIQ Electric.

“Hyundai’s strategic investment in Grab marks the beginning of an exciting new partnershi­p between the two parties, bringing Hyundai one step closer to realizing its vision for future mobility,’’ said Young Cho Chi, chief innovation at Hyundai Motor Group.

During the groundbrea­king ceremony of Hyundai trucks and buses in Balagtas, Batangas City, from left: HARI VP- Commercial Trade Jimmy Trazo, SVP-Trade Operations and Developmen­t Cluster Numeriano Cortez Jr., EVP and CFO Ladislao Avila Jr., and President and CEO Ma. Fe Perez- Agudo. From SARI: President Felix Limcaoco 3rd, SVP & COO Doroteo Sornet, and VP for Operations Maria Antonietta Alonzo.

Meanwhile, Hyundai helped empower industries in Batangas City during the groundbrea­king of Hyundai trucks and buses in the province.

Shaw Automotive Resources Inc. (SARI) President Felix Limcaoco 3rd expressed the team’s strong commitment to serve businesses in the provincial city. “We are ready to address Batangas City’s growing mobility needs, especially those of its logistics and transport sectors,” he said.

Meanwhile, Hyundai Asia Re- sources, Inc. ( HARI) President and CEO Ma. Fe Perez-Agudo said that “Batangas is in the heart of Calabarzon and the Batangas port serves as the internatio­nal gateway for industrial and commercial trade with the rest of the world.”

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