Hyundai and Vodafone sign telematics partnership

19 Apr 2011

Hyundai Motor Group signed an agreement with Vodafone Global Enterprise to explore business opportunities in telematics services in Europe.

The initial agreement is expected to boost Hyundai's competitiveness in vehicle IT systems and reach out to a wider customer base in Europe.

Under the agreement, Hyundai will focus on creating new business opportunities based on automotive IT systems and Vodafone's existing communications network in Europe.

As well as collaborating on the development of new telematics services, Hyundai will develop new automotive IT solutions by using the telematics infrastructure to build new customer-oriented telematics business models.

"Through collaboration with the world-renowned mobile communications operator Vodafone, The Hyundai Motor Group looks forward to providing advanced automotive IT services to its European customers as part of its ongoing commitment to become increasingly competitive in this market," said Hyundai Motor Vice-Chairman Hyun-Soon Lee.