"Scholarship Support for Children of Traffic Accident Victims"…Hyundai Motor Donates 100 Million Won

Donation Delivered to Korea Transportation Safety Authority
Support Planned at 2 Million Won Per Person

Hyundai Motor Company will provide scholarships of 2 million KRW per person to children from families affected by traffic accidents.

On the 13th, Hyundai Motor announced that it had donated 100 million KRW the previous day at its headquarters in Gangnam-gu, Seoul, to 'VORA,' the Hope Volunteer Group supporting victims of traffic accidents under the Korea Transportation Safety Authority.

The Korea Transportation Safety Authority plans to use this donation to select 50 individuals who are either victims or children of victims from automobile accident-affected families currently enrolled in regular university semesters, providing each with a scholarship of 2 million KRW to encourage their studies.

Earlier, Hyundai Motor held a discount event last month to celebrate the milestone of producing 100 million vehicles cumulatively, setting aside 100,000 KRW from the sale of each vehicle to raise the 100 million KRW donation.

A Hyundai Motor representative said, "We held this donation event to commemorate the production of 100 million vehicles and to express our gratitude to our customers," adding, "We will continue various sharing activities that can help not only children of traffic accident victims but also marginalized neighbors in our society."

Kim Seung-chan, Head of Domestic Sales Division at Hyundai Motor Company (left), and Jang Chan-ok, Head of Traffic Safety Headquarters at Korea Transportation Safety Authority, are posing for a commemorative photo after the scholarship award ceremony for children of traffic accident victims on the 12th at Hyundai Motor Company headquarters in Gangnam-gu, Seoul. Photo by Hyundai Motor Company

This content was produced with the assistance of AI translation services.