As attention focuses on Hyundai Motor Group's steps in the Autonomous Driving market following the resignation of President Song Chang-hyun, head of the Advanced Vehicle Platform (AVP) division at Hyundai Motor and Kia and CEO of 42dot, Vice Chairman Jang Jae-hoon of Hyundai Motor Group said, "We will push forward existing projects without wavering." Jang appears to be moving to steady the unsettled internal mood and reorganize the organization.
On the 12th, Vice Chairman Jang, in an email sent to employees of the AVP division at Hyundai Motor and Kia and 42dot, said, "The transition to software-centered mobility corporations is a nonnegotiable goal tied to the group's survival and future," adding, "The technology vision and development system we have established together must be carried on without wavering and continuously advanced."
Vice Chairman Jang also made clear that 42dot's role in the XP2 and XV1 development projects will proceed unchanged. XP2 is the name of Hyundai Motor Group's SDV project under development, aimed at realizing the future Autonomous Driving and connected era. Jang emphasized, "42dot still serves as Hyundai Motor Group's global software center, and the roles it is responsible for in the XP2 and XV1 development projects will be pursued with Vice CEO Choi Jin-hee of 42dot at the center."
Jang went on to say, "Do not be swayed by unfounded rumors or speculation from outside," emphasizing, "What matters most is building a true one-team that goes beyond collaboration among development organizations to rally capabilities at the group level." He added, "We will soon hold a roundtable with key development leaders to listen to opinions and discuss response plans."
Jang also said, "Our group has always found answers throughout a history of recurring changes and difficulties," adding, "If we trust each other's capabilities, trim unnecessary processes, and communicate and cooperate frankly, we can turn this change into a springboard for a new leap."
Former President Song expressed his intention to resign after meeting with Chairman Chung Eui-sun of Hyundai Motor Group and stepped down on the 5th.