Hyundai Motor Group stated on Friday it is going to present the luxurious Genesis model’s G90 and G80 sedans in the course of the South Korea-Africa Summit due in Seoul in June.
The South Korean carmaker will sponsor the primary Korea-Africa summit scheduled on June 4-5 by providing 77 G90 flagship sedans and 42 G80s as official automobiles in the course of the summit interval, Hyundai stated in an announcement.
Some 10,000 officers and enterprise leaders from the African area and worldwide organisations are anticipated to attend conferences to be held on the sidelines of the summit, stories Yonhap information company.
For the reason that implementation of the African Continental Free Commerce Space in 2021, Africa has emerged as a significant single financial bloc with a mixed gross home product value USD 3 trillion.
The area is considered having big development potential as its total inhabitants is projected to develop to 1.7 billion by 2035.
For carmakers, Africa is a strategically essential because the area has an ample reserve of nickel, cobalt, lithium, mangan and graphite, that are key supplies wanted to supply automotive batteries, the assertion stated.
