Resilience, Innovation Key In Facing New Biz Challenges

Seoul: The head of Hyundai Motor Group on Monday emphasised the importance of resilience, innovation and proactive preparation in facing future challenges expected from ongoing global risks, as well as antici-pated rollbacks in the electric vehicle (EV) policies of the US.

At a group-wide New Year's Greetings event held at Hyundai Motorstudio Goyang, just north of Seoul, Euisun Chung, Hyundai Motor Group's executive chair, underscored that external risks and crises should not be feared but seen as "opportunities for growth."

"Without challenges, we risk becoming complacent, which is more dangerous than any external crisis," Chung said in his address to employees, reports Yonhap news agency. "External pressures can serve as catalysts for our growth."