15th Jun 2023 08:35
(Alliance News) - Vodafone Group PLC on Thursday said that Hyundai Motor Co and Vodafone Business have extended their existing strategic partnership, which helps to provide customers with in-car connected streaming services.
Vodafone is a Newbury, Berkshire-based telecommunications provider, while Hyundai Motor is a multinational automotive manufacturer, headquartered in Seoul, South Korea.
Under the extended partnership, Vodafone Business will bring its connectivity for connected car service to millions of Hyundai, Kia Corp, and Genesis models sold in Europe for the first time.
The extension covers more than 40 countries in Europe. Vodafone didn't specify how long the extension was for, only that it was a "multi-year" partnership.
Both parties will also explore other areas, such as video streaming and Wi-Fi hot-spotting.
"In-vehicle connectivity is becoming universal. As a leader in IoT, Vodafone Business can offer unique and innovative solutions that drive the adoption of the technology. Vodafone and Hyundai have been shaping the future of vehicle mobility since 2018, and the extension of our partnership means we can enhance the experience of millions more customers across Europe," said Erik Brenneis, director of internet of things at Vodafone Business.
Vodafone shares were trading 0.3% lower at 72.64 pence each in London on Thursday morning.
By Holly Beveridge, Alliance News reporter
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