Biden Wraps Visit to South Korea, Highlights Hyundai’s Major US Investment Pledge

First Biden–Yoon summit focuses on various business and security interests, from supply chains to North Korea

U.S. President Joe Biden arrives at Osan Air Base as he departs for Japan after his South Korea trip at Osan Air Force Base on May 22, 2022 in Pyeongtaek, South Korea. U.S. President Joe Biden and President Yoon Suk-yeol agreed to begin discussions on expanding joint military exercises between the two countries amid growing nuclear and missile threats from North Korea. Photo by Kim Hong-Ji - Pool/Getty Images

President Joe Biden wrapped up his South Korea visit by highlighting Hyundai Motor Group’s pledge to invest at least $10 billion in electric vehicles and related technologies in the United States.

The three-day Biden–Yoon summit covered various business and security interests, from supply chains to North Korea.