Hyundai Motor Group (the Group) today signed a Memorandum of Understanding (MOU) with Korea’s Ministry of Economy and Finance to provide official vehicles for the 2025 Asia-Pacific Economic Cooperation (APEC) Finance Ministerial Meeting and Structural Reform Ministerial Meeting, scheduled for this October 21-23 in Incheon, Korea.
Under the agreement, Hyundai Motor, Kia and Genesis will provide 50 vehicles, including the Hyundai IONIQ 9, Kia K9 and EV9, and Genesis G90 and G80. The fleet will be used to transport key officials and support various activities throughout the event.
The Group previously signed a separate agreement to supply official vehicles for the APEC Energy Ministerial Meeting and the Clean Energy and Mission Innovation Ministerial Meeting, which will be held in Busan from August 25-27.
“We are honored to support a major international event where finance and structural reform ministers from around the world gather,” said Seung Kyu Shin, Senior Vice President and Head of the Policy Coordination Office at Hyundai Motor Group. “We will work to ensure the successful hosting of the 2025 APEC Economic Leaders’ Meeting and various ministerial meetings scheduled for October.”
Held in Korea for the first time in two decades, the ministerial meetings will bring together ministers from 21 APEC member economies and representatives from international organizations to discuss cooperative strategies for sustainable and inclusive growth amid global uncertainty.
The Group aims to highlight the strength and competitiveness of its flagship electric vehicles and luxury sedans, which have earned recognition in global markets. By providing official vehicles, it is committed to supporting the successful hosting of the summit and promoting Korea’s advanced mobility technologies to global leaders.
The ministerial meetings will precede the 2025 APEC Economic Leaders’ Meeting, which will be held October 31-November 1 in Gyeongju, where Korea will serve as chair for the first time in two decades.
The Group has a track record of supporting global events with official vehicles, including the 2024 Korea-Africa Summit, the 43rd ASEAN Summit, the 2023 Korea-Pacific Islands Summit and the 56th Asian Development Bank Annual Meeting, further reinforcing its global presence as a leading provider of advanced mobility solutions.
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