Hyundai Motor Group Donates $500,000 for Nepal, Tibet Flood Relief

Funds to Be Delivered Through Korean Red Cross

Finance|
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By Sim Ki-moondoor@sedaily.com
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A view of Hyundai Motor and Kia's headquarters in Yangjae, Seoul. Photo courtesy of Hyundai Motor Group - Seoul Economic Daily Finance News from South Korea
A view of Hyundai Motor and Kia's headquarters in Yangjae, Seoul. Photo courtesy of Hyundai Motor Group

Hyundai Motor Group said on the 9th that it will provide $500,000 (about 670 million won) in relief funds to flood-hit areas of Nepal and Tibet.

The funds will be delivered through the Korean Red Cross and used for on-the-ground relief operations and recovery efforts.

"We extend our condolences to all those suffering from the sudden floods in Nepal and Tibet, and we hope this offers at least some help toward a swift recovery," an official at Hyundai Motor (005380) Group said.

The group has provided relief funds and daily necessities for major overseas disasters, including the Venezuela earthquake in July this year, the California wildfires in the United States in 2025, the Morocco earthquake and Libya floods in 2023, and the Turkey earthquake.

Original reporting by Sim Ki-moon for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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