Hyundai Motor Group will join hands with the public and private sectors to distribute EV infrastructure with all-out 'President Sung Kim'

*This content was translated by AI.

Hyundai Motor Group will join hands with the government and major social welfare institutions to expand the base of electric vehicles in the local community and promote the right to move the vulnerable to transportation. Hyundai Motor Group announced on February 13, 2026, that it signed a multilateral business agreement with the Ministry of Climate and Energy, Community Chest of Korea, and World Vision to extend the eco-friendly EV package support project, E-share, at the old Sinnae Senior Welfare Center in Seoul. The signing ceremony was attended by key officials from each institution, including Hyundai Motor Group's strategic planning chief Sung Kim and Climate, Energy, and Environment Minister Kim Sung-hwan, pledging cooperation for a sustainable future.

"E-Share" is a key project that Hyundai Motor Group is pushing to create environmental and social values at the same time by distributing electric vehicles and charging infrastructure to social welfare institutions nationwide through public-private cooperation. Starting with the pilot project in 2022, Hyundai Motor Group and others have selected 40 welfare institutions every year until last year to provide vehicles and chargers, increasing access to welfare services and contributing to reducing carbon emissions. According to this business agreement, they decided to extend the project for three years from this year to 2028.

The newly promoted extension project aims to select and support a total of 120 social welfare institutions over the next three years, 40 locations nationwide every year. Each selected institution will be provided with one electric vehicle and two shared chargers, and a total of 120 electric vehicles and 240 chargers will be distributed based on the entire business period. In particular, from this year, Hyundai Motor's exclusive electric vehicle model "Ionic 5" and Kia's purpose-based mobility (PBV) model "PV5 WAV" were included in the support list each year. The new introduction of PV5 WAV, which is specialized for the movement of wheelchair passengers, is expected to dramatically improve the mobility convenience of the vulnerable who use welfare facilities.

In terms of division of roles, the expertise of each institution was maximized. Hyundai Motor Group is responsible for donating electric vehicles and donating budget for business operations, while the Ministry of Climate, Energy and Environment supports the installation and overall management of public chargers. The Community Chest of Korea and World Vision oversee the overall operation of the program, including recruiting and selecting welfare institutions in desperate need of support. Social welfare institutions selected as beneficiary institutions will also serve as supplementary measures to solve the lack of charging infrastructure in the region by providing sites and opening installed chargers to local residents.

Hyundai Motor Group President Sung Kim emphasized the business performance over the past four years and said he will continue to expand his business to build a sustainable future that coexists with local communities based on his successful support for electric vehicles and chargers to 160 institutions nationwide.

Hyundai Motor Group's move is considered an exemplary case in which the public and private sectors cooperate to preemptively supplement electric vehicle infrastructure in the community and catch two rabbits: environmental protection and welfare promotion. In the future, Hyundai Motor Group plans to actively combine advanced mobility technologies with social contribution activities to create an environment where everyone can enjoy freedom of movement without discrimination.

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*This content was translated by AI.