Hyundai Motor chief attends economic forum in Washington amid US investment drive

Euisun Chung, executive chair of Hyundai Motor Group, attended the Semafor World Economy 2026 forum in Washington. He did not respond to reporters' questions on specific US investment plans upon arrival. The US is Hyundai Motor Group's largest export market.

Euisun Chung, executive chair of Hyundai Motor Group, entered a hotel in Washington, D.C., on Monday local time to attend the Semafor World Economy 2026. The annual forum, hosted by US digital media outlet Semafor, is positioned as a US counterpart to the World Economic Forum in Switzerland, gathering top global business leaders to discuss economic strategies and policy issues.

Chung did not respond to reporters' questions about specific US investment plans as he arrived at the venue, according to Yonhap News Agency and The Korea Times. He is expected to use the occasion to deepen ties with key figures in the US government and business sectors.

In a recent interview with Semafor, Chung reaffirmed the group's plan to invest a total of $26 billion in the US by 2028, highlighting robotics and physical artificial intelligence (AI) as key growth pillars.

The US remains Hyundai Motor Group's largest export market amid its expanding investment drive there.

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