Hyundai Motor to restore forest ecosystem

It signed MOU with Korea Arboreta and Gardens Institute and Tree Planet and will utilize IONIQ Drone Station

Hyundai Motor to restore forest ecosystem
Jin-Won Kim 1
2024-06-10 16:09:56 jin1@hankyung.com
ESG


Hyundai Motor Co. announced on Monday that it signed a memorandum of understanding (MOU) for a Sustainable Forest Ecosystem Restoration Project with the Korea Arboreta and Gardens Institute (KoAGI) and Tree Planet at Sejong National Arboretum. 

The collaboration aims to restore forest ecosystems and preserve biodiversity by rehabilitating damaged forests.

Hyundai Motor has partnered with KoAGI, an organization under the Korea Forest Service, and Tree Planet, a tree-planting social venture, to promote this initiative.

Over the next five years, Hyundai Motor will work with relevant organizations and companies to restore forests in the eastern coastal regions, which have suffered the most wildfire damage in the country, and create new eco-friendly forests.

The newly established forests will be part of the IONIQ Forest project, Hyundai Motor's flagship eco-friendly Creating Shared Value (CSV) activity, which has been running since 2016 with the participation of customers and local communities.

Hyundai Motor will use its eco-friendly mobility solution the IONIQ Drone Station for forest restoration and monitoring, and collaborate with the MOU partners on research for ecosystem restoration.

The IONIQ Drone Station is a special-purpose vehicle for forest management based on Hyundai's electric vehicle, the IONIQ 5.

It features a drone station in the trunk and a drone battery charging deck in the front trunk, utilizing Vehicle-to-Load (V2L) technology.

Hyundai Motor and its partners will employ drones to plant trees in hard-to-reach wildfire-damaged areas, conduct periodic monitoring of forest growth, collect data and engage in various research collaborations to enhance forest management.

Since 2014, Hyundai Motor's eco-friendly social contribution program, IONIQ Forest, has been creating forests to combat social issues of each era, starting with the creation of a forest to prevent fine dust at a landfill site in the Seoul metropolitan area.

By 2023, the global IONIQ Forest project has planted 500,000 trees in countries such as Brazil, India, the United States, Mexico and Canada, with a goal of planting 1 million trees worldwide by 2025.

Write to Jin-Won Kim at jin1@hankyung.com

Hyundai Motor, Kia to develop alternative to rare earth materials

Hyundai Motor, Kia to develop alternative to rare earth materials

Hyundai Motor Co. and Kia Corp. have partnered with South Korea's universities to secure materials for vehicle electrification components.Hyundai Motor and Kia announced on Tuesday that they have established the Hyundai Motor Group Magnetic Material Joint Research Laboratory at Yonsei Universi

Hyundai Motor, Matrix Renewables in solar deal to power Georgia EV plant

Hyundai Motor, Matrix Renewables in solar deal to power Georgia EV plant

A bird's-eye view of Hyundai Motor's EV plant in Georgia South Korea’s top automaker Hyundai Motor Group said on Monday it has signed a 15-year power purchase contract with a US solar energy generation project led by Spain’s Matrix Renewables to power its electric vehicle plant unde

Hyundai Motor’s IONIQ 5 robotaxi passes US driver’s license test

 Hyundai Motor’s IONIQ 5 robotaxi passes US driver’s license test

▲ IONIQ 5 robotaxi – Hyundai gets its driver's license Soon, it will no longer be the stuff of sci-fi movies for a robocop to stop a self-driving car for speeding and for the human-less autonomous vehicle to pull over and say “Here’s my driver’s license.”Hyundai Mo

Hyundai Motor unveils design of commercial EV platform

Hyundai Motor unveils design of commercial EV platform

Hyundai Motor Co. unveiled the design of its first commercial electric vehicle (EV) platform ST1 on Thursday. ST1 is a commercial platform based on a chassis cap that can be expanded into various forms depending on its purpose of the utilizing. The Chassis cap is a vehicle that consists o

Hyundai Motor, Kia to recall 170,000 EVs

Hyundai Motor, Kia to recall 170,000 EVs

Hyundai Motor's IONIQ 6 (Courtesy of Hyundai Motor) Around 170,000 units of electric vehicles (EVs) from Hyundai Motor Co. and Kia Corp. are voluntarily recalled, the largest recall in the domestic EVs.  The South Korean Ministry of Land, Infrastructure and Transport announced on Thursday

(* comment hide *}