© Chalermphon Srisang
Logistics unit Hyundai Glovis has entered the Thai market, setting up Hyundai Glovis Logistics Thailand, a joint-venture with domesticlogistics companies and automobile parts manufacturers.
Hyundai Glovis will work closely with local food conglomerate Charoen Pokphand (CP) Group, agreeing to assign 150 electric trucks a year to transport goods to 7-Eleven stores throughout Bangkok.
The Thai subsidiary’s opening yesterday was attended by Hyundai Glovis CEO Kim Jung-hoon and CP Group vice-chairman Korsak Chairasmisak.
In addition, as CP Group needs to replace and add trucks every year, Hyundai Glovis will gradually expand its electric truck fleet over the next five years, as it expects to export more food…
