Hyundai Motor Group Chairman Chung Eui-sun and Toyota Motor Group Chairman Akio Toyoda recently met at the Hyundai NX Toyota Gaju Racing Festival in Yongin, South Korea, where they discussed the future of mobility. This marked the first official meeting between the heads of the first and third largest global sales companies. Both Chairmen expressed mutual respect and a commitment to collaborate for a better future in the automotive industry. They showcased their latest eco-friendly high-performance vehicle technologies at the event, with Hyundai unveiling the Ioniq 5 NTA specification and Toyota introducing concept cars using liquid hydrogen as fuel. This event follows their recent announcement of cooperation in robotics, signaling a broader partnership that includes motorsports and high-performance vehicles. Industry experts predict that their collaboration will focus on hydrogen cars and next-generation electric vehicle technologies. The Chairmen led a parade lap driving innovative vehicles, symbolizing their shared vision for the future. The event was also attended by prominent figures including Samsung Electronics Chairman Lee Jae-yong and Korea & Company Group Chairman Cho Hyun-beom, highlighting the significance of the collaboration across different industries.