Hyundai, a symbol of innovation and sustainability, is firmly committed to a more environmentally friendly future in Korea. Thanks to a record contract for the supply of renewable energy, the company can now recharge more than 7 million electric vehicles like the IONIQ 5. This considerable advancement reduces greenhouse gas emissions while propelling the manufacturer towards an ambitious goal of exclusively using clean energy by 2045.
Hyundai is firmly committed to a cleaner future by signing the largest renewable energy supply contract in Korea, representing 610 GWh per year for 20 years. This volume of sustainable electricity could fully recharge its fully electric SUV, the IONIQ 5, more than 7 million times. This agreement reflects Hyundai’s ambition to reduce its greenhouse gas emissions by approximately 5.6 million tons and to convert all of its electricity consumption, both in Korea and abroad, to renewable energy by 2045.
hyundai commits to a greener future
Hyundai has taken a significant step with the signing of the largest clean energy offer in Korea. This new energy supply contract provides up to 610 GWh of renewable energy per year. This represents a bold move to power more than seven million electric vehicles, such as the IONIQ 5, in an entirely environmentally friendly manner. This advancement is part of an ambitious strategy to reduce greenhouse gas emissions by nearly 5.6 million tons over two decades. A strong commitment that showcases the seriousness with which Hyundai approaches the ecological transition, not only locally but also on a global scale.
global transition to renewable energies
Hyundai is not solely focused on the Korean market. The company is expanding its scope with projects to increase solar energy and the transition to 100% renewable energy sources for all its international sites. This plan is already underway, with successful installations in the Czech Republic and Indonesia. Other projects will follow in the United States, India, and Turkey, illustrating the automotive manufacturer’s total commitment to leading the global movement towards more sustainable manufacturing practices.
strategic initiatives for carbon neutrality
In addition to its massive energy contract, Hyundai plans to build a vast and varied infrastructure to support its commitment to carbon neutrality. As part of this initiative, special attention is being given to the installation of new solar energy production capacities in Korea. Already, 20 MW have been set up, and the next step includes adding 11 MW in Ulsan, where the first electric vehicle manufacturing site will be established. This development places Hyundai at the forefront, alongside other giants of renewable energy.
