Hyundai Motor Group and Misk Foundation wrap up two-week Urban Innovation Leadership Program in Seoul
Hyundai Motor Group and Saudi Arabia's Misk Foundation concluded a two-week Urban Innovation Leadership Program in Seoul on September 18, deepening a partnership that began with a 2024 MoU.
- 2 weeks
- September 7-18, 2026
- 2024
- 2011
What Happened
Hyundai Motor Group said it successfully concluded the Urban Innovation Leadership Program, a two-week leadership development initiative run in partnership with the Misk Foundation. The program was held from September 7 to 18 in Seoul and brought together members of the Saudi Leadership Society and alumni of Misk leadership programs, who were jointly nominated and selected by the two organizations. It combined the Misk Foundation's leadership ecosystem and understanding of the Saudi context with Hyundai Motor Group's technology, industry expertise and Korean innovation experience. Participants explored developments in smart cities, autonomous mobility, the hydrogen economy, digital twin technology and the robotics industry.
- Its leadership ecosystem and understanding of the Saudi context
- Technology, industry expertise and experience in Korean innovation
- Learn: lectures on Korea's smart city strategies, autonomous mobility, hydrogen economy transitions and digital infrastructure development
- Experience: visits to implementations including the Smart City Integrated Center, an autonomous vehicle test bed, hydrogen ecosystem sites and related smart infrastructure facilities
- Explore: visits to Hyundai Motor Group's innovation centers covering smart cities, smart mobility, smart home and digital platforms
- Collaborate: joint workshops where participants exchanged perspectives, identified knowledge-sharing opportunities and explored applications aligned with Saudi Vision 2030 across smart cities, mobility, energy and industrial solutions
Mohammed bin Salman Foundation "Misk", a Saudi non-profit dedicated to cultivating youth leadership and innovation ecosystems, is established
Hyundai Motor Group signs a Memorandum of Understanding with the Misk Foundation
The two-week Urban Innovation Leadership Program is held in Seoul for Saudi Leadership Society members and Misk leadership program alumni
The source describes the program as a fundamental shift in how the Group engages Saudi Arabia, moving beyond technology provision to policy-level collaboration. By working with Saudi's senior government officials, the Group says it positions itself as a strategic partner in shaping regulatory and infrastructure frameworks and in laying the groundwork for a systematic Korea-Saudi policy dialogue platform. That approach is said to open diversified business pathways across smart cities, smart mobility, the hydrogen economy and digital infrastructure. Over time, the knowledge and connections developed through the partnership may create opportunities for further collaboration supporting the objectives of Saudi Vision 2030, an agenda emphasizing environmental sustainability, technological innovation and economic diversification. Hokeun Chung, Executive Vice President and Head of Future Strategy Division at Hyundai Motor Group, and Torky Al-Sajjan, Executive Director of Development and Partnerships at the Misk Foundation, are named in the release.
Previously from Kia
Days before this program concluded, Hyundai Motor Group opened its two-day HMG Tech Talent Forum 2026 in Silicon Valley on Sept. 17, pitching careers in AI, robotics, autonomous driving and batteries to global technology talent. Both items point to the Group's September 2026 focus on developing and recruiting human capital across different regions.
- Hyundai Motor Group opens HMG Tech Talent Forum 2026 in Silicon Valley to recruit global tech talent
Background drawn from MotorClaw's earlier coverage of Kia's official releases.
Why this matters
The program gives members of the Saudi Leadership Society and Misk leadership alumni direct exposure to Korean smart-city, mobility, hydrogen, digital-twin and robotics practices, and both organizations say the ties could lead to further collaboration. For Hyundai Motor Group, the source says the initiative marks a shift from supplying technology to Saudi Arabia toward policy-level collaboration with senior government officials and a Korea-Saudi policy dialogue platform, aligned with Saudi Vision 2030.
Terms in This Story
- Memorandum of Understanding (MoU)
- A formal but typically non-binding agreement between two organizations that sets out an intention to work together.
- Saudi Vision 2030
- A national development agenda focused on environmental sustainability, technological innovation and economic diversification.
- Digital twin
- A digital replica of a physical object, system or environment that is used to study and simulate how the real version behaves.
- Hydrogen economy
- An energy system in which hydrogen is used as a fuel and energy carrier, often discussed as a lower-emission alternative to fossil fuels.
Summarised from the linked release; details can be imperfect — always verify against the original source.