[Economy Pick] Trump Goes Over the Reef!... Hyundai Motor Co., with 'American Tongue' at the forefront.

[Anchor]
Let's see the second keyword through the video.

Trump Reef Go! ...Hyundai Motor Co., Ltd. With 'U.S. Tongue' in mind,

Hyundai Motor announced a new car in the United States, and it was the newly appointed CEO who caught the eye as much as the car.

[Reporter]
Yes, Hyundai Motor's first foreign CEO was born in 57 years.

President-designate Jose Muñoz finished his debut performance in LA, USA.

He expressed confidence despite the assessment that the electric vehicle market is at stake due to the policy changes of the next Trump administration.

Let's listen to it first.

[Jose Munoz / Hyundai Motor President-designate: Hyundai Motor Group is aiming for annual global sales of more than 5.5 million units by 2030, up 30% from last year]

[Anchor]
It's still unfamiliar to have a foreign CEO in our representative company, but I'm looking forward to seeing what kind of steps he'll take.

Hyundai has more hidden cards to counter the Trump administration?

[Reporter]
Yes, this is Sung Kim, the former U.S. ambassador to Korea.

Former Ambassador Sung Kim, who has been an expert on East Asia and the Korean Peninsula in the U.S. government, joined Hyundai Motor Group as an advisor this year.

From the Obama administration to the first Trump administration to the Biden administration, he has been appointed throughout.

As he was promoted to the president of Hyundai Motor Group's external cooperation this time, so-called "American Tong" experts were put to the forefront.

This personnel appointment is also a response to the second Trump administration.

If the next Trump administration pushes for the abolition of the IRA law in earnest, the tax credit for electric vehicles could also be reduced.

In addition, some predicted that Hyundai Motor's position, which has played a leading role in the electric vehicle market, is in jeopardy by reducing eco-friendly regulations.

[Anchor]
Anyway, it's inevitable now, so do you have any measures?

[Reporter]
Yes, Hyundai Motor plans not to hesitate to prepare for the era of electricity.

It's been slowing down for a while, but I'm sure electricity will come.

Once the demand for electric vehicles decreases, the demand for hybrid vehicles tends to increase.

As you heard earlier, the next president, Munoz, is also ready for whatever regulations come out,

He said in no uncertain terms that Hyundai Motor's business base is not based on tax benefits.

As such, it is expected to accelerate the launch of new cars that combine various technologies such as hydrogen cars and plug-in hybrid cars.