Hyundai Motors held its shareholders' meeting in Seoul, where President Munoz announced a significant investment plan of $90 billion over the next decade to develop 21 new electric vehicles and expand hybrid models. The company targets a sales goal of 2 million electric vehicles globally. Munoz highlighted the importance of eco-friendly cars, including hydrogen fuel cell vehicles, and emphasized regional optimization strategies to address tariff pressures. The focus is on launching local EVs in the U.S., introducing new electric models in Europe and the Middle East, and enhancing collaborations with GM and Waymo. Furthermore, Hyundai Motors amended its articles of incorporation to include a 'hydrogen business,' indicating a broader commitment beyond hydrogen vehicle development to include hydrogen supply and transportation businesses. The meeting also saw the appointment of female executive director Jin Eun-sook, a first for Hyundai Motors, as in-house director, along with Chairman Chung Eui-sun. Overall, the company's strategic direction points towards significant investments in EVs and a strategic pivot towards hydrogen-related businesses.