Hyundai calls for bipartisan EV support

+\XQGDL KDV MRLQHG WKH FDOO IRU JUHDWHU JRYHUQPHQWDO FRPPLWPHQW WR HOHFWULF YHKLFOHV LQ $XVWUDOLD VXJJHVWLQJ D ELSDUWLVDQ DSSURDFK EHWZHHQ PDMRU SROLWLFDO SDUWLHV DW ERWK IHGHUDO DQG VWDWH OHYHOV WR ERRVW FRQVXPHU XSWDNH

6SHDNLQJ WR Goauto at the launch RI WKH +\XQGDL ,RQLT (9 SOXJ LQ K\EULG DQG K\EULG VPDOO FDU UDQJH LQ %ULVEDQH +\XQGDL 0RWRU &RPSDQ\ $XVWUDOLD FKLHI RSHUDWLQJ RI¿FHU 6FRWW *UDQW VDLG XQOHVV JRYHUQPHQW DFWLRQ ZDV WDNHQ $XVWUDOLDQ PRWRULVWV PLJKW PLVV RXW RQ OLIH HQKDQFLQJ WHFKQRORJLHV LQ WKH IXWXUH DQG LQVWHDG EH UHO- HJDWHG WR GULYLQJ OHVV DGYDQFHG YHKLFOHV GHVLJQHG IRU GHYHORSLQJ PDUNHWV

³:KDW ZH QHHG LV VRPH VRUW RI YLVLRQ DQG VRPH VRUW RI FHUWDLQW\ DERXW (9V ´ KH VDLG

³,W¶V DQ DUHD RI XQFHUWDLQW\ 7KHUH LV QRW D ORW RI JRYHUQPHQW VXSSRUW IRU WKHVH NLQGV RI WHFKQRORJLHV DQG LQQRYDWLRQV :H QHHG LQFHQWLYHV IRU FRQVXPHUV WR HPEUDFH WKLV NLQG RI HPHUJLQJ RSSRUWXQLW\ ´

0U 6FRWW VDLG VXSSRUWLQJ (9V ZRXOG IXO¿O ERWK PDMRU SDUWLHV¶ GHVLUH WR NHHS $XVWUDOLD DW WKH IRUHIURQW RI DGYDQFHG WHFKQRORJLHV

³0D\EH ,¶P GUHDPLQJ EXW LW ZRXOG EH JUHDW WR KDYH D ELSDUWLVDQ SRVLWLRQ RQ WKHVH NLQGV RI LVVXHV ´ KH VDLG

³6RPHERG\ KDV WR KDYH D YLVLRQ WKDW VD\V ± ZKDW NLQG RI FRXQWU\ GR we want to have in respect to our PRWRU YHKLFOH PDUNHW LQ $XVWUDOLD"¶

³'R ZH ZDQW WR EH DW WKH IRUHIURQW RI WKH EHVW SURGXFWV DQG WHFKQRORJ\ and innovation that the world has to RIIHU"

³'R ZH ZDQW WR EH D PDUNHW WKDW LV SHUKDSV IROORZLQJ WKUHH WR IRXU \HDUV ODWHU"

³2U GR ZH ZDQW WR EH D ± QRW D WKLUG ZRUOG PDUNHW ± EXW VRPHERG\ ZKR LV UHDOO\ IRFXVVHG SHUKDSV PRUH RQ WKH UHMHFWV RI RWKHU PDUNHWV DQG WKDW ZH¶UH GHFDGHV EHKLQG"

³, WKLQN ZH QHHG VRPH FHUWDLQW\ DV WR µZKR DUH ZH¶ ¿UVWO\ DQG WKHQ ZKDW NLQG RI PDUNHW ZLOO ZH KDYH DV D UHVXOW WKHQ FDU FRPSDQLHV OLNH RXUV DQG FRQVXPHUV XOWLPDWHO\ FDQ SOD\ LQ WKDW SODFH

³:H¶UH XQFHUWDLQ ZKHWKHU ZH GUHDP RI EHLQJ KLJK WHFK

³:H ZDQW WR PDWFK (XURSH LQ RWKHU respects – and we hear that from time WR WLPH ± EXW WKHUH¶V QR UHDO DFWLRQV WKDW FRPPLW WR WKDW 6R GR ZH UHDOO\ ZDQW WKDW RU LV WKDW UHDOO\ QRW SRVVLEOH RU SUDFWLFDO IRU RXU VL]H HFRQRP\ DQG VR IRUWK ´

$GPLWWLQJ LW LV D ¿QDQFLDO JDPEOH 0U 6FRWW LV KRSHIXO WKDW +\XQGDL¶V EHDWLQJ RI WKH (9 GUXP LQ $XVWUDOLD ZLWK WKH ,RQLT .RQD (OHFWULF (9 DQG LQ WKH IXWXUH 1H[R K\GURJHQ IXHO FHOO vehicle, will help spur the relevant JRYHUQPHQWV LQWR LQWURGXFLQJ Sroicies conducive to their consumer XSWDNH ± %\URQ 0DWKLRXGDNLV